Luxembourg Rail Protocol to save South Africa €1.3bn

06 Jul 2018

Oxera has produced a study for the Rail Working Group that looks at the microeconomic benefits of the Luxembourg Rail Protocol in South Africa. The Protocol will save the country R20bn (equivalent to €1.3bn). The study aims to:

develop a robust assessment of the economic benefits, based on the evidence;
help the Rail Working Group, UNIDROIT and their members to consider the South African context and the market impact of the Protocol;
help governments consider the effect of the Protocol before its adoption;
complement the legal analysis supporting the implementation/adoption of the Protocol.