Agreement to build the Moloto Rail Development Corridor signed
The Passenger Rail Agency of South Africa (PRASA) signed a memorandum of understanding with China Communications Construction Company Limited of China to explore various infrastructure development initiatives, key amongst them being the Moloto Rail Development Corridor, at the second Investment Africa Investment Forum attended by President Jacob Zuma in Guangzho, Guangdong Province in China.
The President has stopped over in Guangzhou from Hangzhou where participated in the G20 summit.
The construction of the rail development corridor is a direct response by government to excessive traffic congestion numerous fatal road accidents and general economic underdevelopment in the area.
When President Zuma undertook a monitoring visit to Kwaggafontein outside KwaMhlanga in Mpumalanga Province, residents once again asked for his intervention to provide safe and efficient public transport system along the Moloto corridor.
The President is accompanied in Guangzhou at the investment forum by Minister Maite Nkoana-Mashabane, the Minister of International Relations and Cooperation, the Minister of Trade and Industry, Dr Rob Davies and the Deputy Minister of Transport, Ms Sindi Chikunga.
Issued by
More from
More on
