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Investor Presentaiton

E.1.1 Infrastructure Roads & Transport: South Africa supports its road maintenance budget with a "user-pays" system A South Africa Context Toll roads were first introduced in South Africa in 1984 as a form of road use tax and have grown from an initial 27 km to -3.5k km They constitute -16% of the National Road Network (-20 km). Toll fees became necessary when the government couldn't afford road maintenance from its fuel tax revenues What did South Africa do? SA made a comprehensive legal framework in the National Roads Act: Ensured that tolls collected from users were spent only on maintenance of toll roads Removed the requirement of one alternative route per toll road in 1996 to incentivize PPPs by reducing toll avoidance by drivers SA launched E-toll in Gauteng province as a means of electronic payment Electronic tolling allowed for free-flowing traffic without stopping Whilst the move was not received well by public, revenue from the system funded freeway improvement projects in the province SA partnered with 3 private companies to build toll on high value roads A total of 3 PPPs between 1998 and 2000 were made for a term of 30 years Sources: IBTTA, SABITA, Media coverage (Factiva), BCG Analysis Key successes Increased funding for road maintenance Concessions fees increased from R3.98 Million in 2010 to R 5.84m in 2014 Road maintenance expenditure increased by R6m in the same period SA modernized its "user pays" system with the E-toll initiative Learnings for Plateau State Institute state laws/changes to state laws, allowing tolls and concessions for private investors Look for private sector partnerships to build tolls along high-value roads Legally guarantee that collected tolls would finance maintenance & operations of the toll road to make users more receptive to paying 156 Copyright 2019 by Boston Consulting Group. All rights reserved.
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