The long-awaited Moloto Corridor Project, between Gauteng and Mpumalanga, has reached the full value assessment and economic evaluation phase of its ongoing feasibility study, bringing nearer the likelihood that these neighbouring provinces could soon enjoy an integrated rail transport link.
Transport Minister Dipuo Peters indicated in a recent Parliamentary response that, once the valuation of the estimated R9.7-billion project was completed, the department expected to conclude the final procurement and implementation plan and submit this to National Treasury for approval by the end of September.
Being a public-private partnership (PPP), the Moloto Corridor Project must be subject to six analyses as part of the feasibility study. The valuation assessment is the penultimate one. The aim is to complete the feasibility study by September.
The Moloto project was expected make use of a wider-gauge railway line, similar to the Gautrain, enabling it to accommodate high-speed trains.
By: Natalie Greve
Read the full article here: http://www.engineeringnews.co.za/article/r97bn-moloto-corridor-project-reaches-valuation-phase-2014-07-25/rep_id:3182
