What We Do
With the emphasis on partnerships that create value, we leverage the non-operational
and non-strategic assets of PRASA Group in order to raise additional revenue that
will result in a real improvement in transport services.
With the backing of our partners, we generate income by using PRASA Group’s assets
in the following three ways:
Strategic Partnership in Property & Asset Development
With over 400 stations and vast tracts of land in prime positions around the country,
PRASA owns some of the most promising developmental rights in South Africa. We’re
always on the lookout for innovative deals to develop these opportunities, with
an emphasis on partnering with local companies and authorities to stimulate growth
through job creation, particularly in smaller towns countrywide.
Third Party Projects Income
With extensive experience in mixed-use developments of all types, we help develop
and manage transit-orientated developments on behalf of our provincial and local
government clients, creating integrated developments, particularly around our intermodal
transport hubs. As always, our goal is to add real value to the lives of public
Commercial Support Services
We provide access to advertising spaces in prime locations around the country. From
train and bus stations and commercial buildings to ad space on buses and trains,
we generate income from the sale of these advertising rights.