Although it has been described as ‘conservative’, Transnet’s mooted infrastructure upgrade will create jobs, increase exports and meet local demands.
The ruling party has motioned that Transnet help mining houses by upgrading or building rail infrastructure, which is a cheaper form of transport.
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/ 2 November 2011
Prasa has said government could be investing R137-billion in modern rail infrastructure as private funding for the project might be unaffordable.