Publications
Partners
Johannesburg - Government plans to set up a body to coordinate transport industry investments as early as next month, Business Day newspaper said on Tuesday, citing a government official.
The new unit will manage state projects and private investments that could be worth as much as R260bn over the next three years, the paper said.
Lwazi Mboyi, the head of special projects at department of transport, told the newspaper the unit "must be up and running by the end of August".
One project that is being considered is a high-speed train between Johannesburg and Durban, which could cost as much as R100bn, Business Day said.
The new unit will manage state projects and private investments that could be worth as much as R260bn over the next three years, the paper said.
Lwazi Mboyi, the head of special projects at department of transport, told the newspaper the unit "must be up and running by the end of August".
One project that is being considered is a high-speed train between Johannesburg and Durban, which could cost as much as R100bn, Business Day said.
