Business sees third-party rail access as crucial to meeting 250Mt volume target
An initial assessment by business into what it would involve to raise yearly freight rail volumes to 250-million tons, estimates that Transnet’s recovery alone could lift yearly volumes to about 190-million tons, leaving 60-million tons to be met through reforms aimed at opening the rail network to private-sector participation (PSP). The assessment also indicates that about R280-billion in investment will be required to reach the target.