The City of Johannesburg had budgeted R30 billion for infrastructure development for the next three years, according to City mayor Parks Tau.
"Last year I announced that we would be spending over R100 billion on infrastructure over a period of ten years. In pursuance of this objective we have budgeted an amount of R30 billion on new replacement and maintenance of infrastructure, which will be spent over the next three years," he said in his state-of-the-city address.
The spend would form part of an ambitious public transportation development programme dubbed "freedom corridors".
"We will introduce transport corridors connecting strategic nodes through an affordable and accessible mass public transit that includes both bus and passenger rail," Tau explained.
Tau said the roll-out of the Johannesburg broadband network would be completed by the end of May.
"The end of May 2013 will mark the completion of the three year roll-out phase for the Johannesburg Broadband Network, which includes over 900km of fibre infrastructure. The next step is to make access available to the public, integrating the network into the City's processes and systems, further roll-out our smart metering, introduce intelligent traffic management, improve public safety and e-health so that residents can enjoy the benefits of living in a smart city. It will stimulate opportunities for the business sector, create more small to medium enterprises, bring business and people together and increase employment opportunities," he said.
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