Sunday, March 22, 2009

$2.6 Billion Invested in SA Rail

South Africa's transport department has invested the equivalent of about $2.6 billion US in rail countrywide, and has formed a new agency to oversee the country's various train systems.

(Editor's Note: This brief article from SABC News does not indicate over what time frame this amount of money has been invested, and randomly mentions a bus rapid transit system. I'll look out for more concrete facts.)

The transport department has invested R25 billion to upgrade train travel. Minister Jeff Radebe made the announcement when announcing a new transport enterprise, known as the Passenger Railway Agency of South Africa. The Agency will replace the old SA Rail Commuters Corporation. It will incorporate Metrorail, long distance rail division Shosholoza, Translux, as well as City to City.

At the launch, Radebe called on taxi and bus operators to participate in making the Bus Rapid Transit system a success. Taxi associations have threatened to disrupt the Confederations Cup and the 2010 Soccer World Cup if the system is implemented. Radebe says BRT will benefit all stakeholders.


Source:
Govt invests billions to upgrade SA’s train system
SABC News
March 20, 2009