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

  • Mobility pricing offers new tools for managing mobility
    November 23, 2017
    Mobility pricing is the best way of sustaining and enhancing mobility, argues Moving Forward Consulting’s Josef Czako. Mobility pricing (MP) is effectively the culmination of the ‘user pays’ principle and has been referred to in many policy discussions about electronic toll collection, road user charging (RUC), and pricing. MP not only reflects the ‘use more, pay more’ nature of RUC, it also takes account of the external cost of journeys including pollution, noise, the cost of congestion and accidents.
    Read More
  • Chile launches ambitious transport plan
    November 7, 2014
    In an effort to boost a weakening economy, Chilean President Michelle Bachelet has announced a nearly US$4.2 billion transport infrastructure plan, including one new metro line in Santiago, cable car systems in three other cities and rail projects. The plan includes US$1.9 billion in new concessions, with the expansion of public-private partnerships (PPPs) to the metro system and US$2.2 billion in works directly funded by the government. In Santiago, the program involves developing feasibility studie
    Read More
  • Keeping a close watch on ‘too-dangerous-to-drive’ highway
    June 21, 2016
    Like many others, the authorities in Argentina implemented ITS to improve road safety – but this case was a little different to most as Mauro Nogarin explains. The 70km of highway that separate Argentina’s capital Buenos Aires from the city of La Plata had long been considered too dangerous for anyone to make the trip with a private car. Figures on criminal attacks and vandalism with stones, nails, logs, spark plugs or any other element that can damage a car’s tyres and cause them to stop in order rob th
    Read More
  • Solar studs a cost-effective alternative to street lighting?
    July 30, 2012
    Road traffic accidents have an enormous impact on society in terms of human loss, pain and suffering and a significant cost to the economy, the individual and their families. Accident rates on South Africa's roads are among the highest in the world and cost the country in the region of $163 million each year. The former head of the Department of Transport (DoT), Dr Kwazi Mbanjwa, described the situation as "carnage on our roads", with over 500,000 accidents and 10,000 fatalities per annum and the number of
    Read More

Highlighted Content