Transportation
South Africa Backs Blueprint to Open Rail to Private Firms
- Network statement outlining how liberalization will work
- Business calls plan a ‘significant milestone’ for rail reform
Freight trains in the Benoni district of Gauteng, South Africa.
Photographer: Guillem Sartorio/BloombergThis article is for subscribers only.
South Africa, in its latest effort to enlist corporate know-how to kick start economic growth, approved a blueprint for opening access to the nation’s vast rail network to private operators.
Transport Minister Barbara Creecy put the plan into effect by agreeing to publish the document outlining how the process will work in the government gazette, her department said on Friday.