I propose shortly to seek Government approval for the heads of a Bill to facilitate public private partnerships for the relevant public transport projects as outlined in the national development plan and the DTO strategy document, a Platform for Change.
The proposed legislation will establish a new independent statutory agency with responsibility for the procurement, on a public private partnership basis, of major public transport infrastructure projects, and make the necessary statutory provision for private sector participation in the design, financing, construction, operation and maintenance of railways.
As indicated in the Government's legislation programme, I expect to be in a position to publish a Transport (Railway Infrastructure) Bill by mid-2001.