Good news for surface mining industry in South Africa – Mining Review
With the promise of a plethora of road construction projects on the cards as part of Governments Covid-19 economic relief stimulus packages the 39th Road Pavement Forum (RPF) was an eagerly anticipated event was successfully organised as an online event in September this year.
Hosted by surface mining industry association, ASPASA, the event was well attended by approximately 300 attendees via meeting streaming software featured hard hitting presentations high levels of interaction.
First on the agenda was Louw Kannemeyer of the South African National Roads Authority Limited (Sanral) who provided an update of future project roll outs the position of the agency at present.
With a lack of funding due partially to E-Tolls collection difficulties compounded by Covid-19 restrictions the Agency is keeping a careful reign on its existing future projects. As seen there can only be projects for which there is budget.
He added that the impact of the ongoing E-Toll debacle had been a reduction in toll, as well as non-toll revenue which was used to service toll infrastructure debt.
This shortfall amounted to approximately R17bn which effectively put a halt on any expansive projects