Coupled with the incoming Toll road initiative, this province really knows how to waste money ;D
http://www.fin24.co.za/articles/default/display_article.aspx?ArticleId=1518-1786_2216198
-
Join the MyBroadband community
South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
-
Question of the Day: How do you normally pay for purchases in stores?
Gautrain will now cost R25.5Bn - ex inflation
- Thread starter BobbyMac
- Start date
http://www.fin24.co.za/articles/default/display_article.aspx?ArticleId=1518-1786_2216198
Personally, I cant wait for this project to be completed, I will one of the first in line for tickets. I'm sick and tired of traffic in the Midrand area.
Any indication on ticket prices yet? At this point I would pay anything!!
Any indication on ticket prices yet? At this point I would pay anything!!
I don't care how much it costs. As long as they do it and more! We need public transport at all cost. The only organization who can fund extremely expensive efforts like these is government. It is their job to build these things private enterprise cannot fund and then allow private companies to run it and create jobs ontop of.
It is all good. It can cost 40Bn for all I care.
It is all good. It can cost 40Bn for all I care.
We do need it desperately, but it is unfortunate that these costs are escalating like this. We seriously need to sort out our education system - which is the most critical problem we are facing - and being too free with the money elsewhere doesn't help.
There are some concerning parts in the article tho:
Why?
How are these interchangeable?
There are some concerning parts in the article tho:
Why?
How are these interchangeable?
feo
Honorary Master
Another vote from me that I don't care about the cost, they don't wanna physically add more lanes to the highway to ease congestion so I'll settle for a high speed luxury train instead, thank you very much. 
feo
Honorary Master
Hows about a train connecting CT, PE, DBN, PTA and JHB, that'd be sweet. But we all know half the population would start PMSing at that thought because of cost.
Imagine a MAGLEV train between the two!
Its fast, and you still get to see the scenery!
stoke
Honorary Master
At least we're getting something for the billions spent this time.
I wonder how they plan to add more stations to the line?
I wonder how they plan to add more stations to the line?
Knysna is a headache as it is on the N2.
Shock horror - a project that is going to come in over budget - that would never happen overseas would it?
Sorry, but I think the country needs the Gautrain and plenty more projects like it.
We definitely do, no question about it.
I don't have a problem with the train, I have a problem with it coming in more than R20 BILLION Rand over budget. I have a problem with the transport minister shutting down OTHER projects (like the monorail for example) because HE was not consulted.
Just some perspective:
In 2000, the Gautrain was proposed with an estimate pegged at R3.5 - 4 billion.
In 2003, the cost was further inflated to around R7 Billion.
In 2005 the figure was massively expanded to R20 Billion.
In 2006 the final figure was promised to be R21.9 Billion, and now
in 2007 the figure is once AGAIN inflated to another record number, this time R25.5 Bn
Now, considering that the tax man is footing the bill, and that this project was not even open to public discussion and there were NO discussions held on this project in the Provincial Legislature before it was put out to tender, I think we as taxpayers have the right to be peeved every time the costs are further escalated.
80 Kilometers @ R25.5Bn = R318 Million odd per Kilometer. Wow.
Just some perspective:
In 2000, the Gautrain was proposed with an estimate pegged at R3.5 - 4 billion.
In 2003, the cost was further inflated to around R7 Billion.
In 2005 the figure was massively expanded to R20 Billion.
In 2006 the final figure was promised to be R21.9 Billion, and now
in 2007 the figure is once AGAIN inflated to another record number, this time R25.5 Bn
Now, considering that the tax man is footing the bill, and that this project was not even open to public discussion and there were NO discussions held on this project in the Provincial Legislature before it was put out to tender, I think we as taxpayers have the right to be peeved every time the costs are further escalated.
80 Kilometers @ R25.5Bn = R318 Million odd per Kilometer. Wow.
dlk001
Executive Member
Me too. Its an Engineering highlight of South Africa which is gonna generate many expertise afterwards. The industry needed such a project!
Oh, I live just off the intersection of the R55 with Allandale, so it would be quite easy to get there. I look forward to just parking my car and riding everywhere I usually get too.
Lets not forget the Airport won't be such a hassle to get to on time anymore.
Oh thats cool, but the stations far for some people, would they have to leave their cars at the station? Would there be costs for leaving it there?
Not sure how it will work.
But ye Ill use it!