Sanral gets US$770 million for freeway project

South African National Roads Agency (Sanral) has received a bailout of over US$770 million from the government for its Gauteng Freeway Improvement Project (GFIP). The cash injection is a bailout for the electronic toll system which cost an estimated US$2.66 billion, much of it which still has to be paid for. The cash injection will enable tolls to pay for over 25 per cent of the cost of the project and enable the planned toll charges, due to be introduced on highways on 30 April, 2012 to be reduced by 25 pe
June 21, 2012 Read time: 1 min
South African National Roads Agency (2161 SANRAL) has received a bailout of over US$770 million from the government for its Gauteng Freeway Improvement Project (GFIP). The cash injection is a bailout for the electronic toll system which cost an estimated US$2.66 billion, much of it which still has to be paid for. The cash injection will enable tolls to pay for over 25 per cent of the cost of the project and enable the planned toll charges, due to be introduced on highways on 30 April, 2012 to be reduced by 25 per cent.
Charging, Tolling & RUC

Related Content

  • January 3, 2023
    Ukraine transport gets EBRD money
    European Bank will fund infrastructure work following Russian invasion and bombing
    Read More
  • January 22, 2016
    Growth of China ETC market
    According to the latest report from Research and Markets, by the end of 2014, the mileage of toll highways in China amounted to 162,600 km, including 106,700 km of toll expressways, accounting for 65.7per cent; there were 1,665 mainline toll stations on toll highways nationwide, 696.5 of which were the ones on expressways, making up 41.8 per cent. The report, China ETC (Electronic Toll Collection) Industry Report, 2015-2019, claims that by the end of Oct 2015, China had had 25.15 million electronic toll col
    Read More
  • November 28, 2013
    Taiwan to go all-electronic free flow tolling
    Taiwan’s 900 kilometres of toll roads will transition to all-electronic free flow operations early next year. The roads, which include three north-south routes with 22 toll points, carry out around 1.7 million transactions a day, generating some US$700 million of annual toll revenue. Private contractor Far Eastern Electronic Toll Collection Company (FETC), under contract to the National Freeway Bureau to collect the tolls, says that the IR-based toll system worked well and some 43 per cent of transactio
    Read More
  • March 16, 2015
    Report analyses multiple ITS projects to highlight cost and benefits
    Every year in America cost benefit analysis is carried out on dozens of ITS installations and pilot studies and the findings, along with the lessons learned, are entered into the Department of Transportation’s (USDOT’s) web-based ITS Knowledge Resources database. This database holds more than 1,600 reports and periodically the USDOT reviews the material on file to draw conclusions from this wider body of evidence. It has just published one such review ITS Benefits, Costs, and Lessons Learned: 2014 Update Re
    Read More

Highlighted Content