Share

Nazir Alli: Roads a national asset

Pretoria - South Africa's national roads network is a national asset, Sanral CEO Nazir Alli said on Thursday.

"To just put it into context of what is happening, we have 750 000km of roads network," Alli said in Pretoria.

"What a lot of people don't always understand is that it's the 10th largest in the world, which is controlled by the three spheres of government.

"You need to take into account what the value of that particular asset is to South Africa Incorporated."

He was addressing the e-tolls review panel appointed by Gauteng premier David Makhura in July to examine the economic and social impact of the Gauteng Freeway Improvement Project (GFIP) and the e-tolling system to fund it.

An example of how Sanral went about maintaining that asset was through the three current concession routes it operated.

These were the N4 east Maputo Development Corridor (471km of road), N3 Cedara Heidelburg (429km), and N4 west Platinum highway (382km).

"Now the last three years, R9bn has been invested in the upkeep, of preserving that particular asset of our South Africa Incorporated," he said.

"That concession still belongs to South Africa Incorporated. It does not belong to the concessionaire."

At the end of the concession period, which lasted a number of years, the concessionaire was required to return the road in good condition with no charge to the state.

"So we've actually increased the value of the state by using an alternative method of funding," Alli said.

The panel was expected to present its findings to Makhura at the end of the month.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.01
+0.2%
Rand - Pound
23.68
-0.1%
Rand - Euro
20.29
-0.4%
Rand - Aus dollar
12.24
-0.4%
Rand - Yen
0.12
-0.1%
Platinum
952.30
-2.4%
Palladium
1,036.00
+1.3%
Gold
2,371.75
-0.5%
Silver
28.27
+0.6%
Brent-ruolie
90.02
-0.1%
Top 40
66,899
0.0%
All Share
72,995
-0.0%
Resource 10
63,378
+2.8%
Industrial 25
97,824
-0.5%
Financial 15
15,384
-1.7%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders