# Transport minister Barbara Creecy says Treasury’s Budget Facility for Infrastructure is key to Transnet’s rail and port upgrades. It is aimed at a 250-million-ton annual freight target by 2030. Private sector buy-in may take two years, but 160 responses signal strong interest. Nine projects worth 55.5-billion-rand are approved for 2025, with 15.3-billion-rand from the facility. In addition, a Rail Bill is being drafted to cement reforms under the National Rail Policy and Freight Logistics Roadmap.
Minister Creecy says Treasury Infrastructure Fund key to Transnet freight targets