n IMIESA - Gauteng allocates rapid rail boost : news

Volume 30, Issue 7
  • ISSN : 0257-1978
  • Author
  • Source : IMIESA, Volume 30, Issue 7, Jul 2005, p. 12
  • Accreditation : Department of Higher Education and Training (DHET)



Extracted from text ... Gauteng allocates rapid rail boost Gauteng Finance and Economic Affairs MEC, Paul Mashatile, has confirmed that the Gautrain Rapid Rail Link is to receive a R900-million boost for this fiscal year. He noted that one of the more important reasons for the delay in awarding the tender to one of two short-listed consortia - Gauliwe and Bombela - was the complexity of the technical aspects and the associated financial model. Blue IQ will receive an additional R156-million, and includes projects such as the Kliptown development project, the Innovation Hub, and the Newtown precinct renewal project. Mashatile encouraged the private sector ..

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