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

For more information on companies in this article

Related Content

  • Tullamarine freeway upgrade ‘to cut airport run by up to 20 minutes’
    May 1, 2015
    A US$1 billion project, which will add 24 kilometres of extra lanes to one of Victoria’s busiest and most important roads and reduce congestion and travel time to Melbourne airport, is set to be unveiled. Minister for Roads and Road Safety, Luke Donnellan, has announced that the Victorian Government and Transurban had signed a new, robust agreement to deliver the CityLink Tullamarine Widening Project. The Australian and Victorian Governments and Transurban will jointly fund the project, which also inc
    Read More
  • Six US states get funding for innovative infrastructure efforts
    April 1, 2015
    US Transportation Secretary Anthony Foxx has announced US$4.38 million in grants from the Federal Highway Administration’s Accelerated Innovation Deployment (AID) demonstration program to Kansas, Minnesota, North Carolina, South Carolina, Vermont and Virginia. The grants will be used to fund innovative road and bridge work that will lead to better, safer road infrastructure efforts nationwide. “Innovation in our transportation infrastructure will change the way America moves,” said Secretary Foxx. “These
    Read More
  • New service allows toll payment by mobile phone
    January 15, 2013
    Easytrip, Ireland’s largest provider of electronic tolling payment services has launched a new Charge2Mobile toll payment service, in partnership with O2, using payments solutions provider Oxygen8’s mobile payments platform. Said to be the first of its kind, the service will provide a more convenient channel for paying tolls on Ireland’s M50 for car drivers who currently pay by cash. Available immediately to O2 customers in Ireland, Easytrip hopes to roll out its Charge2Mobile tolls offering across other n
    Read More
  • US motor vehicle deaths drop slightly in first half of 2017, but remain higher than two years ago
    August 17, 2017
    Preliminary estimates from the National Safety Council indicate motor vehicle deaths in the first six months of 2017 are one per cent lower than they were during the same six-month period in 2016. However, it says the country is fresh off the steepest estimated two-year increase in motor vehicle deaths since 1964 and it is too early to conclude whether the upward trend is over. The estimated deaths during the first six months of 2017 still are eight per cent higher than the 2015 six-month estimates, and the
    Read More

Highlighted Content