https://newsletter.en.creamermedia.com
Africa|Business|Financial|PROJECT|rail|Service|System|transport
Africa|Business|Financial|PROJECT|rail|Service|System|transport
africa|business|financial|project|rail|service|system|transport

Process to appoint new Gautrain partner post-2026 under way

An image of Gautrain Park Station

The post-2026 Gautrain project is expected to further unlock economic potential and opportunities

Photo by Creamer Media

6th November 2023

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

The Gauteng executive council has approved the procurement of a new delivery partner for the Gautrain system, meaning that the Gautrain Management Agency (GMA) has been granted the approval to go to market and advertise a request for proposals (RfP) for a new delivery partner for the Gautrain system post-2026.

The current Gautrain concession agreement comes to an end in March 2026.

The GMA welcomed the decision by the executive council and has already started with the plan to market the Gautrain post-2026 project and the advertisement notice for the RfP went live on November 5, GMA CEO William Dachs says.

“The new delivery partner will operate, maintain, modernise, innovate and upgrade the current Gautrain system so that the GMA can continue to provide a safe and efficient public transport service.

“Gautrain is the first and only rapid rail network and the first public-private partnership (PPP) of its scale in South Africa. It is a strategic asset valued at R45-billion and, once the current concession expires at the end of its 19.5-year term in March 2026, the costs of establishing this long-term asset will have been paid off, allowing the post-2026 Gautrain project to reap the economic benefits,” Dachs outlines.

He explains that, although it was planned and implemented as a transport project, the Gautrain is an economic development project focusing on reaching objectives of stimulating economic growth and job creation, promoting investment and new development.

Dachs posits that the post-2026 Gautrain project will further unlock economic potential and opportunities.

“It will also present an opportunity to build on a highly functional, world-class system and to rethink the Gautrain business model, ensuring the system not only responds to the current challenges, but further cements operational and financial sustainability in the long term.

“The Gautrain will become an even more integral part of people's daily lives and a catalyst for economic development, growth and economic recovery in the province. Kickstarting a procurement process for a new delivery partner will ensure a smooth and timeous transition from the existing delivery partner to the new contract, with no service disruption post March 2026,” he avers.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine video image
Magazine round up | 29 November 2024
29th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:6.975 7.099s - 191pq - 2rq
Subscribe Now