The Gauteng provincial government is on the verge of selecting a new operator for the Gautrain rapid rail system, with the asset transfer scheduled for the end of March. Finance MEC Lebogang Maile highlighted the success of the public-private partnership (PPP) model, noting the significant increase in the asset's value. The government is also exploring the PPP model for scholar transport.
‘No blood for my child’: Dad refuses transfusion because of religious beliefsMEC of Finance and Economic Development Lebogang Maile has confirmed that the process to select a new operator for Gautrain is “at the advanced stage”.
Gautrain will officially be handed over to the Gauteng government as its asset at the end of March after concluding all its repayments to Bombela Concession Company . The Gautrain provincial government appointed the BCC in 2006 to design, build, operate, maintain and partially finance the Gautrain project. The project is a public-private-partnership that includes a 15-year contract for the maintenance and operation of the Gautrain rapid rail system.Outa calls for ‘open cards’ amid Gautrain changes “We have finished paying for Gautrain. When we built Gautrain, we spent R26 billion. Today, as we speak to you, and by the end of March when we receive the asset, it’s worth anything between 45 and 50 billion rand. That’s the asset of the Gauteng government. So that’s the power of the PPP,” said Maile. He said that by the end of March, the Gauteng government will announce the preferred operations bidder, which will last for the next few years.“The process is at the advanced stage. And we are happy that Gautrain is one of the PPP that have been successful.”He said the provincial government was looking into implementing the same method for scholar transport. “If we were to look at programmes like scholar transport and implement them using that model, we can achieve a lot. And that’s why we have already looked at that issue of Scholar Transport to say, yes, we have a budget,” said Maile. “It will never be enough because every year there are more kids coming to schools. So, how do you manage this through PPP? And you can be able to achieve the results quicker. So, with the scholar transport, the issue is not that the budget is not allocated. The demand is high because of these challenges we are talking about of migration and people coming to Gauteng.” Add The Citizen as a Preferred Source on Google and follow us on Google News to see more of our trusted reporting in Google News and Top Stories.
Gautrain Public-Private Partnership (PPP) Gauteng Government Transportation Finance
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Eskom agrees to major price cuts, and the Gautrain gets a lifelineHere are five important things happening in and affecting South Africa on Saturday, 28 February 2026.
Read more »
Gauteng Government Shows Strong Budget Performance, Spending 82% of Annual FundsThe Gauteng Provincial Government has demonstrated robust budget utilization, spending 82% of its allocated funds by the end of January. This represents a significant shift from previous years and reflects a commitment to delivering essential services and improving the lives of residents. Finance MEC Lebogang Maile emphasized the importance of effective budget management during a recent media briefing.
Read more »
Gauteng govt to assume full ownership of GautrainFinance MEC Lebogang Maile has confirmed that the Gautrain will officially be handed over to the provincial government as a fully paid asset.
Read more »
SAWS issues warning of thunderstorms in Gauteng, Mpumalanga, LimpopoThe South African Weather Service (SAWS) issued a warning for most parts of Gauteng of severe thunderstorms with a chance of localised flooding and damaging winds.
Read more »
Gautrain Operator Selection Nears Completion, Gauteng Eyes PPP Model for Scholar TransportThe Gauteng provincial government is on the verge of selecting a new operator for the Gautrain as it prepares to take full ownership of the rapid rail system. Finance MEC Lebogang Maile revealed the advanced stage of the selection process and highlighted the government's interest in applying the public-private partnership (PPP) model to scholar transport, drawing lessons from the Gautrain's success.
Read more »
Gautrain to be handed over to Gauteng government, new operator to be announcedMEC Lebogang Maile has confirmed that the process to select a new operator for Gautrain is 'at the advanced stage'.
Read more »