More Transfrontier Cash; Border Post Complete
CAPE TOWN- Government will inject a further R193 million into new Transfrontier conservation projects.
This is in addition to the R159 million that has already been invested into these projects under the previous Medium Term Expenditure Framework.
New funding includes more than R25 million for Limpopo-Shashe transfrontier park, R50 million for the Greater Limpopo and about R60 million for Maloti-Drakensburg.
Environmental Affairs Minister Marthinus van Schalkwyk announced this today during his budget vote presentation.
"I am also pleased to announce that construction of the South African side of the Giriyondo Border Post between the Kruger National Park and Limpopo National Park in Mozambique has now been completed and is due to be officially opened later this year," he said.
In the next two years, the Department of Environmental Affairs and Tourism, in collaboration with its regional partners, will engage in a major investment drive to put in place critical infrastructure and tourism development plans for Transfrontier Conservation Areas (TFCAs).
This drive will target southern African investors as well as the international investor community with key investment initiatives undertaken in Europe and the United States.
"Investment in our TFCAs is not only important because of sentiment; it makes business sense," Mr Van Schalkwyk said.
This is in addition to the R159 million that has already been invested into these projects under the previous Medium Term Expenditure Framework.
New funding includes more than R25 million for Limpopo-Shashe transfrontier park, R50 million for the Greater Limpopo and about R60 million for Maloti-Drakensburg.
Environmental Affairs Minister Marthinus van Schalkwyk announced this today during his budget vote presentation.
"I am also pleased to announce that construction of the South African side of the Giriyondo Border Post between the Kruger National Park and Limpopo National Park in Mozambique has now been completed and is due to be officially opened later this year," he said.
In the next two years, the Department of Environmental Affairs and Tourism, in collaboration with its regional partners, will engage in a major investment drive to put in place critical infrastructure and tourism development plans for Transfrontier Conservation Areas (TFCAs).
This drive will target southern African investors as well as the international investor community with key investment initiatives undertaken in Europe and the United States.
"Investment in our TFCAs is not only important because of sentiment; it makes business sense," Mr Van Schalkwyk said.
Labels: conservation, great limpopo park, greater limpopo park, transfrontier park
posted by Kruger2Canyons.com at
Sunday, April 10, 2005
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