Broke IPTS project grinds to halt

GOING NOWHERE: IPTS buses stand unattended outside the Perl Road depot. The planned multimillion-rand public transport system project has stalled
GOING NOWHERE: IPTS buses stand unattended outside the Perl Road depot. The planned multimillion-rand public transport system project has stalled

NELSON Mandela Bay’s multimillion-rand bus system is broke.

Not only has the municipality had to put all new contracts related to the system on hold for the next four months, it can also not complete construction projects already under way.

The municipality has still not received a response to its application for more money from the National Treasury, submitted in August.

It wants an additional R393-million, after receiving R230-million from the Treasury for its 2014-15 capital and operating budgets.

By December, six months into the financial year, the budget for the Integrated Public Transport System (IPTS) was already R7million in the red.

-Rochelle de Kock

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4 thoughts on “Broke IPTS project grinds to halt

  • February 23, 2015 at 1:44 pm
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    So where did the money go? Someone must have it. Can we have have a breakdown of who spent how much on what please?

    Reply
  • February 23, 2015 at 1:05 pm
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    Did this ever take off?? I was in PE last December and they wer still working on the roads. I never saw a single IPTS bus as shown in pic!

    Reply
  • February 23, 2015 at 9:10 am
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    Does anyone do an audit on this grossly mismanaged outfit?if not why not,these company`s who rely on hand outs will never succeed as long as the bailouts continue,its like standing in a shower tearing up R200 rand notes!

    Reply
    • February 23, 2015 at 11:41 am
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      The NMBM must just sell the buses to other municipality whose intergrated transport system is working, so that it can save on security costs and depreciation!

      Reply

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