South Africa: Country Earmarks U.S. $30 Billion for Facility Upgrade
 |
 |
|||||||||
|
||||||||||
|
|
|||||||||
|
||||||||||
This Day (Lagos)
28 August 2008
Posted to the web 28 August 2008
Chinedu Eze
Johannesburg
South Africa has earmarked a whooping $30bn for preparation towards 2010 World Cup which would be hosted for the first time in Africa.
Government has started the construction of new airport in Durban, while almost a billion Rand would be used for traffic management.
South African government is also spending about $15bn to modernize the OR Thambo International Airport in Johannesburg and another six billion Rand to develop two other airports in preparation for the big event.
Speaking at a dinner party on Tuesday night to close the 14th Aviation and Allied Business Leadership Conference, Minister of Transportation, South Africa, Mr. Jeff Radebe, noted that the estimated R170bn amount would be spent mostly on infrastructure rehabilitation.
According to him, the government planned to use the opportunity of preparation for visitors to put in place infrastructure which would remain a lasting legacy for the people of South Africa.
The Minister stated that plans were in top gear to spend R30bn to ensure that all the ten cities where football matches will be played are in standard shape.
Radebe, while explaining the need to spend R22bn to modernize the OR Thambo International Airport in Johannesburg, and another 6billion Rand to develop two other airports in the country, hinted that a brand new airport would be built in Durban, while almost a billion rand would be used for Traffic Controlls.
He stated that R17bn would be used to build new highways and also maintain the existing ones while R18bn had also be marked for infrastructure to be used by both passengers and crew.
The Minister stated that the government would spend R18bn to renew its passenger rail in Johannesburg and another 23billion Rand to build an underground rail to link the OR Thambo International Airport with Pretoria.
He said, "Want to ensure that everything is in order towards the 2010 World Cup.
Relevant Links
"Like I said, we are not putting this in place just because of the World Cup but we want to use the opportunity to create a lasting legacy for the people of South Africa. This has been in our plans for a very long time."
Read comments. Write your own.
The billions,ie. 1000 million=1 billion, should be comming from the increased productivity of all its citizens,it is not,it does not take a rocket scientist to figure out where it is comming from.I very much doubt if I will be able to see a game,I doubt if I could afford it,on the cash,I have left over after all the differant methods of taxation,for the event,lumped on me.
|
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. | |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
|
Copyright © 2008 This Day. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections -- or for permission to republish or make other authorized use of this material, click here.
| |||||||||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
|
Make allAfrica.com your home page
|
RSS Feed
Sign up for FREE daily 'top headlines' by email >> | |||||||||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
| Top | Site Guide | Who We Are | Advertising | Search | My Account | |||||||||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
| Questions or Comments? Contact us. Read our Privacy Statement. | |||||||||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
People, if Cape Town is one of the soccer destinations, please, please, please do something about "KHALICHE". I hope some of this dough can be spent on that terrible site. It's not right to fluant "magazine cover" pretentiousness and treat people like that. Phony people in the states are making big money holding fund raiser parties and major events for Africa. It's a bloody apedemic....every model, actress, rap star you name it have their hand on Africa's poverty and using it to promote themselves. Think about it for a minute. Sad hungry people's pictures are flashing across our tv screens… [Read Full Text]