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Funding 

While the cost of establishing an IRT system is capital intensive, international experience has shown that such systems are capable of operating profitably.

The costs of the initial phase required for the 2010 FIFA World Cup will be met by a contribution from national government of R995.02 million, while the City of Cape Town will fund R421.14 million between now and the 2010/2011 financial year.

Further phases are likely to be funded through a combination of national government grants, provincial government support, and City sources.

 

© City of Cape Town, 2011