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EC Government pours in millions to eradicate transportation challenges

Transport problems in the eastern part of the province will soon be a thing of the past as the Eastern Cape government has invested millions rands in buses for a period of seven years. During phase 1, Road and Transport department will inject an amount of R43,3 million and the rest will come from a consortium of financiers, which comprises Scania Finance (R32 m), Industrial Development Corporation (R15.5 m), Development Bank of Southern Africa (R10 m), National Empowerment Fund (R3.5 m) and Eastern Cape Development Corporation (R2.5m).

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