Gauteng roads and transport department is looking for investment partners for its plan to build an aerotropolis at OR Tambo International Airport. 

The state-run Passenger Rail Agency of SA plans to invest R500m to deck over the Braamfontein rail-stock yard for mixed-use property developments that will link the Johannesburg inner city with the historical suburb of Fordsburg

The government has paid an extra R288m to fund the Gautrain Rapid Rail Link, due to cost overruns caused by higher than expected inflation.

The cost of the Gautrain Rapid Rail Link has shot up by R300m because of a spike in the country’s inflation in the past couple of years.

Gautrain winning consortium Bombela will pay a fine of R150m plus inflation if it does not have the first phase of the project completed in time for the 2010 Fifa World Cup.

Premier Mbhazima Shilowa yesterday defended the R2,5 billion price tag of the Gauteng government precinct in inner Johannesburg, arguing that it was cheaper than paying rent.