Transnet19 May 2011 15:53
Transnet locomotive fleet to be renewed
14 minutes ago
""In addition, the department will be engaging with the large mining houses to explore co-investment relationships, given that these companies have the most to gain through additional investment, but are presently not sharing any of the risk associated with the development of these corridor(s)."
Referring to the road and rail sectors, Gigaba said government would initially focus on areas that were complementary to Transnet's strategies.
"This will include areas such as branch line concessioning, innovative proposals to put cargo from road to rail and reduce road congestion around ports, and inland terminal development."
http://www.fin24.com/Companies/Industrial/Transnet-locomotive-fleet-to-be-renewed-20110519