Transport spending will rise to R74bn

Overall spending on transport will increase by 9.7% to R74bn according to the National Treasury’s Budget Review.

The Review‚ released on Wednesday (27 February)‚ said the National Development Plan emphasised the need for priority investment in cost-effective freight transport and urban public transport.

The Review said during 2013‚ investment in new cranes and terminal re-engineering will boost container capacity at Durban Port by about 21% to 2.89m 20-foot equivalent units.

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