Gautrain costs sky-high
THE GAUTRAIN’S costs have gone up about R2 billion in less than a month to more than R30bn – and it’s still months from completion.
The escalating costs were revealed in the Gautrain Management Agency’s 19th Quarterly Progress Report for the period April to June 2011, as MEC for Transport Ismail Vadi announced that the next phase of the Gautrain will open on Tuesday.
From August 2, commuters will be able to catch the Gautrain from the Rosebank station to Pretoria and to OR Tambo International Airport.
But the final leg of the project – from Rosebank to the Joburg CBD – is not expected to open for several months because of water seepage problems.
Whether the delays in the launch of the full service because of the water problems are the cause of the escalating costs is not known, but the progress report for the period April to June 2011 gives details about the finances of the project and says the province and concessionaire are in dispute over the numerous delays in the completion of the project.
No comments:
Post a Comment