South Africa Seeks US$2.2 Billion to Modernize Transnet Rail and Ports, Revive Exports

South Africa · INFRASTRUCTURE Key Facts —Funding request: Transnet aims to secure about R35 billion (US$2.2 billion) from the National Treasury’s Budget Facility for Infrastructure for projects through 2030. —Prior support: The new request adds to R16.8 billion already approved and in execution across coal, iron ore and port networks, with a further R23.6 billion […] The post South Africa Seeks US$2.2 Billion to Modernize Transnet Rail and Ports, Revive Exports appeared first on The Rio Times .