To
Portfolio Committee On Transport
From
Velile Mbambo
Subject
PROPOSAL- MOLOTO RAIL AND JHB TO DURBAN PROJECTS
Date
17 March 2022 4:13 p.m.
Dear Portfolio Committee On Transport,

Velile Sipho Contractors (Pty) Ltd has been trying to get hold of the DG of Transport regarding presenting funding proposal for Moloto rail and Johannesburg to Durban Speed train projects. This is the second attempt, the first a ZAR 20 billion commitment letter was submitted years back and government failed in her response. We are a team consists of Velile Sipho Contractors (Pty) Ltd, Aurecon Group and Hanna Financial Investment. We also seek to working your Governance Structure (handling Moloto rail project). We propose to fund, build and transfer said projects. The budget is ZAR 300 billion. Velile Sipho Contractors (Pty) Ltd is based in Thokoza in Ekurhuleni Municipality.