http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.22Change: -0.23
R/$ = 11.16Change: -0.09
Au 1240.10 $/ozChange: -4.17
Pt 1243.50 $/ozChange: -18.70
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Feb 23, 2011

Transport gets additional R10,3bn

Back
CoAL|Eskom|Metrorail|Road|Roads|Systems|Maintenance|Public Transport Infrastructure|Road Network|Services|Systems|Transport|Infrastructure|Pravin Gordhan|Rail
CoAL|Eskom|Road|Roads|Systems|Maintenance|Services|Systems|Transport|Infrastructure|Rail
coal|eskom|metrorail|road|roads|systems-company|maintenance|public-transport-infrastructure|road-network|services|systems|transport-industry-term|infrastructure|pravin-gordhan|rail



The transport sector will receive an additional allocation of R10,3-billion over the next three years to improve infrastructure and services, Finance Minister Pravin Gordhan said on Wednesday.

Delivering his budget speech at Parliament, he said this would support efforts to improve national and provincial road maintenance, rail signalling and rolling stock, and public transport infrastructure.

The SA National Roads Agency would get an additional R2,7-billion.

Of this amount, R1,8-billion would be set aside for the maintenance of 2 156 km of roads used for hauling coal, and R950-million for maintenance of the national road network.

Gordhan said R1,5-billion had been provided, through the new provincial roads maintenance grant, for provincial road maintenance and weigh bridges.

"This grant totals R22,3-billion over the MTEF," he said.

An additional R2,1-billion had been set aside for the coal haulage network in the provinces.

Maintenance to the coal haulage road networks would be financed from the increased levy on electricity collected from Eskom, said Gordhan.

He said the Passenger Rail Agency of SA had been allocated an additional R1,1-billion to upgrade and replace 16% of Metrorail's signalling infrastructure.

Some R350-million has been set aside for the upgrade and refurbishment of 40 motor coaches and 277 trailers.

Twelve municipalities would receive an additional R2,7-billion through the public transport infrastructure and systems conditional grant.

This money would be used to plan, upgrade and expand the integrated public transport.

"The funding will allow bus rapid transport services to increase peak-hour passenger loads, from the current 30 000 to 110 000 in 2013/14."

Gordhan said consolidated government transport spending would total R66-billion next year, rising to R80-billion by 2013/14.

Edited by: Sapa
Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Ports and Shipping News
The Richards Bay Bulk Terminal, in KwaZulu-Natal, loaded 1.49-million tons of cargo in September, exceeding its monthly target of 1.32-million tons, Transnet Port Terminals (TPT) said on Monday. TPT said the reaching of vessel targets ahead of deadline created...
A month-long maintenance dredging at the quays of the Port of Maputo started last month, during which State-owned Transnet National Ports Authority’s (TNPA’s) new Italeni dredging vessel will be used.
The Transnet National Ports Authority (TNPA) announced on Thursday that there were no successful bidders in response to the request for proposals (RFP) for a tender to develop a cruise terminal at the Cape Town port. An extensive procurement process had led TNPA to...
More
 
 
Latest News
Trade union Solidarity warned on Wednesday that ongoing restructuring and retrenchments in the information and communication technology (ICT) industry continued to put employees in the sector under “immense” pressure. This as the union claimed it had received...
Directors of investment holding company Combined Motor Holdings (CMH) say they are satisfied with the results achieved in the six months ended August 31, during which time the local economic environment continued to battle impediments to growth and national dealer...
In the Medium-Term Budget Policy Statement Finance Minister Nhlanhla Nene has outlined concrete plans to consolidate South Africa’s pubic finances and restore macroeconomic balances. The proposed adjustments – lower than planned spending and increased tax revenues -...
More
 
 
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
 
 
 
 
 
This Week's Magazine
The broad-based black economic-empowerment (BBBEE) alignment process in the con-struction sector has begun, dur-ing which the sector codes of the Construction Sector Charter Council (CSCC) will be aligned with the revised Codes of Good Practice (CoGP), which come...
It is second time lucky for Toby Venter. Ten years ago he negotiated to buy the Kyalami racetrack, but “the deal did not materialise”.
Environmental solutions company I-Cat started construction work on its R22-million, 1 949 m2 environmentally sustainable office and warehouse facility, commissioned by I-CAT Environmental Solutions, at a launch event in October. The new sustainable I-CAT campus,...
IAN EVANS AirWatch file synchronisation and sharing system was initially designed for a large airline company
Effective file synchronisation and sharing across an organisation’s structures can provide the basis for robust mobile-device and document management while maintaining proper backup, version control and content distribution. These are the lessons learned by complex...
Hotel group Carlson Rezidor currently holds the largest hotel pipeline in Africa with 30 hotels and 6 300 rooms under development. The hotel group develops and operates Radisson Blu in the upper upscale segment and Park Inn by Radisson in the mid-market segment. With...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks