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Hi,
South Africa's railway system is set to flourish under a boost of record investment aimed at turning the country into a key player in the global freight industry. Besides, South Africa is trying to shift its freight from road to rail.
| Rail Expansion & Technology Congress Africa 2015 confirmed Mr. Sorin Baltac, General Manager of Passenger Rail Agency of South Africa (PRASA) - South African state owned enterprise responsible for most passenger rail services in the country to speech on African Railway Vision Day. You will gain knowledge of South Africa rail strategies for railway long term development as well as projects update. |
Access to South Africa Rail Operator
South Africa rail milestone for you reference:
Major Project: Train renewal program
Proposed Investment: 4.3billion
Milestone:
♦ In 2012, launched the Market Development Strategy, a seven-year R300bn ($33.82bn) investment scheme to rejuvenate the country's ports, rail and pipelines infrastructure.
♦ In March 2014, Transnet announced a R50bn ($4.26bn) contract with four manufacturers to build a 1,064-strong locomotive suite.
♦ Over the next four years, South Africa will shift its freight from road to rail.
♦ National Transport Master Plan aims to invest R751.74bn ($71.2bn) in infrastructure projects until 2050, with 43% of this expected to be dedicated to the rail segment.
♦ By 2019, a total of R7,7bn ($631m) will be spent specifically on skills development and staff training as part of the market strategy.
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