Luxembourg Rail Protocol to save South Africa €1.3bn
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.