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 30, 2012
    Mounting benefits of dynamic tolling project
    Wisconsin's four-year HOT lanes pilot project, launched in May 2008, cost US$18.8 million to construct. Halfway into the project, which uses variably priced, or dynamic, tolling to improve highway efficiency, the benefits are mounting. The problem was obvious, and frustrating, to anyone who ever sat in bumper-to-bumper traffic on State Route 167 and watched a lone car whiz by every 20 seconds or so in the carpool lane. But for planners at the Washington State Department of Transportation, the conundrum was
    Read More
  • February 2, 2012
    Making the case for ALPR in enforcement
    Federal Signal's Brian Shockley uses examples from around the world to make the case for the greater use of automatic license plate recognition technology in the US. It is time, he says, to consider the possibilities of a national network and the use of average speed enforcement
    Read More
  • December 19, 2013
    Maine toll road evaluates AET
    A new ten year plan released by the Maine Turnpike Authority defers decisions on work to upgrade its three largest toll plazas pending completion of a next generation toll collection study that will consider the costs and benefits of going all-electronic, versus open road electronic tolling (ORT) and cash and a timetable. Objections from local residents and the failure of the Turnpike to consider the alternative of all-electronic tolling (AET) led to the delay of a previous ten year plan in 2009 that set
    Read More
  • October 13, 2016
    ITS market size projected to reach US$66.5 billion by 2024
    The global intelligent transportation system (ITS) market is expected to reach US$66.5 billion by 2024, according to a new report by Grand View Research. The usage of ITS to reduce road accidents and increase safety is a major driving force for the ITS market. Demand for vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication in order to enhance road safety is expected to gain momentum over the forecast period. The continuous progression and development have become a crucial need for b
    Read More

Highlighted Content