Latest news with #forInfrastructure
TimesLIVE
21-05-2025
- Business
- TimesLIVE
Government doubles down on private sector participation
Finance minister Enoch Godongwana stressed that while economic development spending of R289.8bn has remained in his budget since the February tabling, the private sector had a vital role to play in catalytic investment. Godongwana tabled a budget on Wednesday for a historic third time in a calendar year. This was due to the last-minute postponement of the first budget in February due to a proposal for a two percentage point rise in VAT and a legal challenge to the budget tabled in March. Tabling the budget at a joint sitting of parliament in Cape Town , Godongwana said regulations for public-private partnerships (PPP) gazetted last year were on track to take effect next month. 'These will reduce the procedural complexity of undertaking PPPs, increasing the deal flow and allowing government to leverage its limited resources to fast-track infrastructure provision. The National Treasury has developed enabling guidelines and frameworks to support the new regulations. 'The minister said the unsolicited proposals framework would create clear rules for managing proposals from the private sector. Today, R52.9bn in additional funding has been unlocked through the budget Facility for Infrastructure. 'The framework for fiscal commitments and contingent liabilities will strengthen fiscal risk governance. These guidelines and frameworks will be published in the next few weeks.' He said the private sector participation unit of the department of transport and Transnet was making progress in engaging the market on private sector participation (PSP) projects. 'The PSPs will resolve and improve some of the critical logistic bottlenecks in the rail and port networks. In March, a request for information was issued for the ore, chrome, and manganese lines. In April, a request for qualification was issued for the establishment of an independent rolling stock leasing company.' Briefing journalists before the tabling of the budget, deputy finance minister David Masondo said 97 operators have applied to get involved in rail infrastructure operations. The department of transport has released a request for information in port infrastructure and later this year this should move to requests for proposals through the public-private partnership unit in the department, he added.
BBC News
28-02-2025
- Automotive
- BBC News
Belfast: Bedford Street pavement parking 'legal loophole' to be closed
Stormont is closing a "legal loophole" that meant pavement parking was permitted along one of Belfast city centre's busiest of traffic cones have been placed on a footpath on Bedford Street ahead of new restrictions taking effect on follows complaints over vehicles being able to mount the pavement because of a lapse in for Infrastructure (DfI) spokesperson said enforcement would begin once new signage had been put up and road markings had been refreshed. Campaigners criticised delays in renewing the parking laws, which the DfI had blamed on "Covid and other work pressures".Rows of traffic cones strung together with fluorescent tape were placed along the footpath on "experimental traffic control scheme" will apply for six months, the Stormont department said on its website."The department will consider in due course whether the provisions of the scheme should continue indefinitely," it Street is one of the main routes into Belfast city centre, with landmarks including Invest NI's headquarters and the Ulster Hall. Vehicles have been parking on a footpath that was widened in 2018 as part of a project aimed at improving the area for "Better Bedford Street" scheme cost more than £67,000, with funding split between DfI, the Department for Communities and Belfast City November, the DfI said a previous experimental order for the extended footway and double-yellow lines on the street had lapsed."Unfortunately, due to Covid and other work pressures the permanent legislation has not been taken forward," it groups and campaigners had urged the DfI to resolve the issues quickly. 'Rampant pavement parking' Anne Madden, from the walking and cycling charity Sustrans, welcomed the move to close the "legal loophole".She said it had enabled "rampant pavement parking" which "made a mockery of the original intention of the Better Bedford Street scheme"."The obstacle course of cars parked on the pavement is a terrible advertisement for Belfast," she added."We urge DfI to make this a permanent change and increase enforcement to ensure Bedford Street really is a welcoming place for people working, shopping and living in the city centre." 'Refresh the road markings' Chris McCracken, managing director of Linen Quarter Business Improvement District (BID), also welcomed the move."We are also keen to work alongside DfI on broader challenges, such as effective cycling infrastructure and the creation of low traffic neighbourhoods, to ensure Belfast can reach its full potential as a sustainable city," he a statement a DfI spokesperson said: "The legislation (in the form of an Experimental Traffic Control Scheme - ETCS) for Bedford Street is due to become operational w/c Monday 3 March 2025 and works are also underway to erect signage and refresh the road markings."Once these measures have been put in place enforcement will commence." What are the rules on pavement parking? Where parking restrictions are marked on the road, such as yellow lines, those restrictions also apply to the pavement - meaning parking tickets can be parked on a footpath that are causing an obstruction can be dealt with by police, according to the NI Direct 2023, the DfI introduced a ban on pavement parking in some specific locations, such as footpaths beside bus or cycle has described "inconsiderate pavement parking" as an ongoing issue across Northern Ireland."The department routinely reminds drivers to 'think before you park' and continues to take action against vehicles that are in contravention of legislated parking restrictions, including those that apply to footways," it added that officials were "exploring potential next steps" following a consultation to help with future policies on pavement parking.
