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Transnet has R30bn maintenance backlog

Transnet has R30bn maintenance backlog

Photo by Duane Daws

8th October 2014

By: Sapa

  

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Transnet has an infrastructure maintenance backlog of R30-billion, most of it on signalling systems and rail tracks, Public Enterprises Minister Lynne Brown has said in response to a written parliamentary question.

The parastatal needs to spend R13.9-billion on rail tracks and R11.7-billion on signalling systems.

It also faces outstanding upkeep of R2.4-billion on rail yards, R907-million on freight rail rolling stock, R349-million on port terminals, R5-million on pipelines and R37-million on communications systems.

Transnet's plans for the current financial year budget for dealing with R1.1-billion of the backlog.

The entity said the budget process for the next financial year would determine the extent to which the remaining R28-billion was funded.

The Democratic Alliance, which asked the question, said the figures were at odds with the government's oft-stated commitment to infrastructure expansion.

"Any further deterioration of Transnet's infrastructure could severely affect South Africa's ability to create jobs and grow the economy," DA MP Phumzile van Damme said.

Edited by Sapa

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