• Inside Labour

    Government's farming policies have had a damaging effect, says Terry Bell.

  • Hunter feeling the heat

    The killer of Cecil the lion is now the one getting hunted - by outraged Americans.

  • Making media behave

    Is patriotic reporting another name for whitewashing corruption, asks Leopold Scholtz.

Loading...
See More

Prasa sends feasibility study to Ndebele

Jul 27 2011 19:17
Sapa
Johannesburg - A completed feasibility study into the acquisition of new rolling stock has been sent to transport minister Sbu Ndebele for consideration, the Passenger Rail Agency of South Africa (Prasa) said on Wednesday.

The technical, financial, economic, commercial, procurement and legal aspects of buying new stock were considered in the study, spokesperson Nana Zenani said.

She said Ndebele as well as Cabinet would need to approve the plan before a procurement process could take place.

The agency's vision was to invest about R97bn into new stock over 18 years.

A total of 8 600 coaches would be bought for Metrorail on electrified urban routes, and 2 200 diesel locomotives for long-distance trains.

"Prasa has previously emphasised the need for new rolling stock. We hope to phase in the first stock by 2015...and we are looking at safety in every design."

The agency's CEO Lucky Montana said phasing in the new fleet would ensure train services were uninterrupted.

The feasibility study, initiated in March, was completed by an intergovernmental steering committee.

Included in this committee were officials from the Railway Safety Regulator and treasury as well as the departments of transport, trade and industry, and public enterprises.

Zenani said the results of the study would be released once "all government due processes have been finalised".

Prasa was established in April 2009 to house the operations of Metrorail, Shosholoza Meyl, passenger bus group Autopax and Intersite property management services.

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About...

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Introducing tablets in schools is:

Previous results · Suggest a vote

Loading...