'R200bn' Vaal airport poser
The Citizen|December 04, 2024
PIE-IN-THE-SKY INSANITY - THE PROVINCE CAN BARELY SUSTAIN TWO AIRPORTS
'R200bn' Vaal airport poser

The most bizarre thing about last week's "announcement" of a new R200 billion airport in the Sedibeng area near the Vaal is that it wasn't formally announced by Gauteng MEC of Finance and Economic Development, Lebogang Maile at all. Not a single reference to this, however oblique, appears in the written medium-term budget policy statement speech. In fact, bizarrely, the only mention of airports is specifically related to "the establishment of one of Africa's first aerotropolis cities, which includes the expansion of the OR Tambo Airport precinct".

Maile did speak about the project in various interviews. He reportedly told the SABC: "We've got a new airport coming in Sedibeng which will see, I think, investment of anything between R20 billion and R200 billion from the private sector. In fact, it's about R200 billion, and we will be working with DTIC [department of trade, industry and competition] investing in bulk for that project".

The airport will ostensibly be part of the Vaal Special Economic Zone (SEZ), which exists to "reignite the birthplace of industrialisation in South Africa". The plan is for the SEZ to be "South Africa's preeminent hub for the hydrogen economy". Sure.

R200bn cost impossible

This story is from the December 04, 2024 edition of The Citizen.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 04, 2024 edition of The Citizen.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE CITIZENView All
Heritage rescheduled at Vaal
The Citizen

Heritage rescheduled at Vaal

Strydom the jockey to follow on rest of the card.

time-read
3 mins  |
December 23, 2024
The Citizen

Quitting on TV: good or bad?

Clinton Larsen became the second coach to quit live on television this season on Saturday.

time-read
1 min  |
December 23, 2024
The Citizen

Sharks make a move in the URC

The Sharks made their move up the United Rugby Championship (URC) table with a breathtaking derby win over the Bulls in Durban, while the Stormers returned to winning ways with a comfortable victory over the Lions in Cape Town.

time-read
1 min  |
December 23, 2024
PINK PROTEAS PLUCKED
The Citizen

PINK PROTEAS PLUCKED

ODI: KLAASEN HEROICS NOT ENOUGH AS PAKISTAN SECURE 3-0 WHITEWASH

time-read
2 mins  |
December 23, 2024
The Citizen

Larsen quits after Cup loss

Magesi FC head coach Clinton Larsen announced his resignation live on television after his side were beaten 3-0 by the Carling All Stars in the Carling Cup on Saturday at Orlando Stadium.

time-read
1 min  |
December 23, 2024
Usyk maintains perfect record
The Citizen

Usyk maintains perfect record

GREATEST: UKRAINIAN PRAISES HIS 'BEST FRIEND' FURY

time-read
1 min  |
December 23, 2024
The Citizen

Tai hopes to keep cool at Masters

Singapore - Amateur Hiroshi Tai cites Green Jacket winners Hideki Matsuyama and Scottie Scheffler among his golfing heroes and is hoping \"not to be in awe\" of them when he becomes the first Singaporean to tee off at the US Masters in April.

time-read
1 min  |
December 23, 2024
The Citizen

Pep: we will come right eventually

Birmingham - Manchester City manager Pep Guardiola insisted his struggling Premier League champions will regain their confidence after a 2-1 defeat by Aston Villa on Saturday meant they had lost nine of their last 12 matches in all competitions.

time-read
1 min  |
December 23, 2024
Hot Liverpool hit Spurs for six
The Citizen

Hot Liverpool hit Spurs for six

EPL: MAN UNITED WELL BEATEN AS EVERTON HOLD BLUES

time-read
1 min  |
December 23, 2024
Blue chips ditching ESG
The Citizen

Blue chips ditching ESG

LOANS: 'STILL COMMITTED TO GOVERNANCE'

time-read
2 mins  |
December 23, 2024