- CNTV English - CCTV News

S. Africa seeks international funding for water project

03-14-2012 10:46 BJT

CAPE TOWN, March 14 (Xinhua) -- South Africa on Tuesday called for international funding to help build a cross-border water project, which would benefit the country and Lesotho.

"We've got countries coming forward and offering us technology. They're saying they'd like to partner with us," Deputy Water Affairs Minister Rejoice Mabudafhasi said.

Mabudafhasi said the country needed foreign capital to invest in the project, which would supply water from Lesotho to Gauteng, South Africa's industrial heartland.

The water project needs more than 60 billion rands (about 8 billion U.S. dollars) for water infrastructure over the next three years, according to the South African Press Association (SAPA).

Phase 2 of the project, including the building of a second big dam in Lesotho and the boring of a 38-km-long tunnel, was set to supply an additional 151 million cubic meters of water to the Vaal River system by July 2020, which would cost an estimated 15.4 billion rands (about 2 billion dollars).

Mabudafhasi refused to give further details on whether a big deal was imminent. "We are still talking," she said.

She added the project was a "classical example" of cross-border water management, and the two countries would benefit from the water that flowed from the mountain kingdom.

Lesotho would benefit from the revenue and job opportunities created by the project, and South Africa would get an assured supply of water, said Mabudafhasi.

Editor:Wang Lingfei |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program