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Granting private rail firms access to SA s rail network is a win-win says RRA
16 December 2020 12:52 PM
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The RailRoad Association s CEO Mesela Nhlapo tells John Maytham the move will unlock billions of rand in industry investment.
From October 2021, private rail firms are set to be given access to the country s rail network.
It s part of the government s reconstruction and recovery plan and will see access fees being paid to Transnet.
CapeTalk s John Maytham spoke to CEO of the RailRoad Association Mesela Nhlapo who says there are over 200 private rail entities currently operating in South Africa.
Traxtion has announced that with their third party access they will invest R1.7 billion in the country today, and that will amount to R17 billion over the next four of five years.