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Other Articles
Trans Kalahari Rail has massive spill-offs for Namibia
May 2010
NAMIBIAs economy stands to take a major leap forward and reduce the unemployment figures by 3000, if the implementation of the long debated Trans Kalahari Rail (TKR) Project, a joint venture between the governments of Botswana, South Africa and Namibia, becomes a reality.
The Governments of Botswana, Namibia and South Africa have formed a joint committee to assess the various proposals relating to a Trans Kalahari Rail in the context of the countries transport strategies.
The three countries have committed to a process of selecting a preferred consortium to undertake the development of the Trans Kalahari rail by May 2010.
Delays could potentially scupper the project, Steve Wynter, Senior Project Manager for Industrial Development Corporation Ltd South Africa warned.
He said the international coal producers, particularly China, Australia and Columbia are ramping up exports to fill the existing market shortfalls. This will put pressure on coal prices and limit the African producers ability to access the export market. The TKR will then struggle to attain volumes to achieve commercial viability.
Wynter said the US$6 billion project, if implemented on time, will create 3000 new permanent jobs in Namibia and a total of 8000 jobs regionally. The project will have a fundamental impact on the economy through job creation, cost savings, enhanced currency earnings potential and foreign direct investment. It could create an additional 2500 jobs in other sectors of the economy through the multiplier effect.
The nature of infrastructure development is such that the real employment benefits are created through the development of the secondary industries which support the railway, fuel yard and port, and resultant increase in shipping and freight operations. These include all sectors of the economy from informal trading to Small and Medium Enterprises (SMEs) and large industry servicing the Trans-Africa Rail Consortium, freight and shipping operations, elaborated Wynter.
The Trans Africa Rail Consortium is baying for the appointment of project developer, against a backdrop of vastly experienced consortium members. The Development Bank of Namibia (DBN), were engaged as a local partner in Namibia capable of assisting with project financing and manage political interests in Namibia.
Although the DBN has not disclosed how much it will inject into this mam...
Refer to the Prime Focus Magazine for remainder of article
NAMIBIAs economy stands to take a major leap forward and reduce the unemployment figures by 3000, if the implementation of the long debated Trans Kalahari Rail (TKR) Project, a joint venture between the governments of Botswana, South Africa and Namibia, becomes a reality.
The Governments of Botswana, Namibia and South Africa have formed a joint committee to assess the various proposals relating to a Trans Kalahari Rail in the context of the countries transport strategies.
The three countries have committed to a process of selecting a preferred consortium to undertake the development of the Trans Kalahari rail by May 2010.
Delays could potentially scupper the project, Steve Wynter, Senior Project Manager for Industrial Development Corporation Ltd South Africa warned.
He said the international coal producers, particularly China, Australia and Columbia are ramping up exports to fill the existing market shortfalls. This will put pressure on coal prices and limit the African producers ability to access the export market. The TKR will then struggle to attain volumes to achieve commercial viability.
Wynter said the US$6 billion project, if implemented on time, will create 3000 new permanent jobs in Namibia and a total of 8000 jobs regionally. The project will have a fundamental impact on the economy through job creation, cost savings, enhanced currency earnings potential and foreign direct investment. It could create an additional 2500 jobs in other sectors of the economy through the multiplier effect.
The nature of infrastructure development is such that the real employment benefits are created through the development of the secondary industries which support the railway, fuel yard and port, and resultant increase in shipping and freight operations. These include all sectors of the economy from informal trading to Small and Medium Enterprises (SMEs) and large industry servicing the Trans-Africa Rail Consortium, freight and shipping operations, elaborated Wynter.
The Trans Africa Rail Consortium is baying for the appointment of project developer, against a backdrop of vastly experienced consortium members. The Development Bank of Namibia (DBN), were engaged as a local partner in Namibia capable of assisting with project financing and manage political interests in Namibia.
Although the DBN has not disclosed how much it will inject into this mam...
Refer to the Prime Focus Magazine for remainder of article
