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

  • Countering congestion’s cost
    May 6, 2015
    A new report on the economic costs of traffic congestion predicts the problem will worsen significantly in future. Jon Masters reviews the figures and some suggested solutions. New figures on the rising economic and environmental costs of congestion have been published by the US traffic data specialist Inrix and the UK’s Centre for Economics & Business Research (Cebr). Their report finds the problem much bigger than previously thought.
    Read More
  • Study finds support for toll express lanes, less for mileage charges
    September 16, 2013
    A new report by the Metropolitan Washington Council of Governments National Capital Region Transportation Planning Board (MWCOG) finds that support for a toll managed lanes network grows somewhat the more it is discussed, whereas a vehicle miles travelled charge loses support after discussion. Among 300 people who participated in five-hour moderated small group discussions of alternative ways of dealing with traffic congestion in the Washington DC metro area, toll express lanes on all major highways receiv
    Read More
  • Partially automated cars ‘provide financial and safety benefits’
    July 19, 2016
    Carnegie Mellon College of Engineering researchers in the US have concluded that the public could derive economic and social benefits today if safety-oriented, partially automated vehicle technologies were deployed in all cars. The researchers examined forward collision warning, lane departure warning and blind spot monitoring systems. These technologies can include partially autonomous braking or controls to help vehicles avoid crashes. Chris T. Hendrickson, director of the Carnegie Mellon Traffic21 In
    Read More
  • South west’s first smart motorway opens
    January 15, 2014
    The first smart motorway scheme in the UK’s south west has been officially launched, covering seven miles of motorway around the Almondsbury interchange and including junctions 19-20 on the M4 and junctions 15-17 on the M5. It is designed to help reduce congestion and improve safety and journey times by introducing variable speed limits and opening the hard shoulder during busy traffic periods. The improvements to the M4 and M5 use a range of technologies and operational systems to reduce congestion and
    Read More

Highlighted Content