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Transport Economics

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Transport Economics
JOMO KENYATTA UNIVERSITY OF AGRICULTURE AND TECHNOLOGY
SCHOOL: SHRD
DEPT: EPD
COURSE: BPS
UNIT: TRANSPORT ECONOMICS
PRESENTER: JULIUS GIKONYO
REG No: HD211-5143/2011
LEC: EVANS SANDE

Introduction. Transport and its related services is a catalyst for economic growth, and direct and indirect job creation in South Africa. The provision of affordable, safe and reliable transportation of goods and people is critical to the development of the country. Government boosted transport infrastructure spending to R66 billion in the 2011/12 financial year and is expected to raise it to R80 billion by 2013/14. The improvements are spread across the country, with urban and rural parts expected to benefit from the creation of jobs and tourism opportunities.
Abstract
Inland waterways play a vital role in economic development, especially for remote rural areas. While the potential role for this sector depends considerably on the specific regional context, such as geographical conditions, level of road development, and socio-economic conditions, the following highlights some general advantages of inland waterway transport (IWT) noted by contributors (and supported by the International Forum for Rural Transport and Development research):
After people learned to build crude small boats, they began using rivers and lakes to carry themselves and their goods. Later, they built larger boats and sailed the ocean in search of new lands and new trade routes. Today, people still depend on water transportation to carry such heavy and bulky products as machinery, coal, grain, and oil.
People build most of their recreation areas along lakes, rivers, and seas. They enjoy water sports, such as swimming, fishing, and sailing. Many people also enjoy the beauty of a quiet lake, a thundering waterfall, or roaring surf. Rural water transport in South Africa is defined as inland water transport that is used by poor people. Mostly, it consists of small family owned boats or

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