Transport vital for growth, says Sacci

Sep 25 2012 17:09
Johannesburg - South Africa must maintain and expand its transport and logistics network to support economic growth, the SA Chamber of Commerce and Industry (Sacci) said on Tuesday.

"Many challenges in the transport sector exist and unique solutions are required to address bottlenecks and other impediments," said Sacci CEO Neren Rau.

Rau's statement was issued after a business dialogue breakfast held by Sacci and the transport department.

Transport director general George Mahlalela attended the meeting.

Its objective was to discuss issues of concern, and possible solutions.

Private sector participation would be necessary to raise an estimated R140bn required for road maintenance and upgrades - a truth acknowledged by the department, according to Rau.

Projects discussed at the breakfast included the Passenger Rail Agency of SA's (Prasa) modernisation process, the Moloto Rail Corridor, the coal haulage roads system in Mpumalanga, and the Durban-Gauteng Freight corridor, among others.

Other topics under discussion included the participation of the department of transport in the Southern African Development Community region, financing of infrastructure development, especially relating to the Gauteng Freeway Improvement Project, the impact of the proposed customs bill on the inland ports system, the lack of capacity on the rail corridors and the Prasa tender process.

"Sacci especially welcomes the commitment made by the director general and his team to take an open door approach to business proposals and solutions by Sacci members," Rau said.

* Follow Fin24 on TwitterFacebookGoogle+ and Pinterest.  


sacci  |  transport  |  economy



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
Comments have been closed for this article.

Company Snapshot

We're talking about: STEINHOFF

Steinhoff International, once the darling of fund managers, risks falling out of the JSE top 100.

Money Clinic

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

Voting Booth

If SARB keeps interest rates the same this afternoon, how will this affect your personal finances?

Previous results · Suggest a vote