International law firm Stephenson Harwood LLP, has been instructed by the City of Cape Town, South Africa, to advise on the establishment of a new transport authority for the City. The new authority, Transport for Cape Town ("TCT"), will manage and control all facets of transport within Cape Town's jurisdiction, including buses, taxis and potentially trains. Currently these services are provided by a combination of local, provincial and national Government bodies, alongside the City.
By concentrating all transport related functions within TCT, the City intends to deliver on its objective of a well-run, safe, fully integrated and interoperable transport system that puts the interests of the commuter at its heart. TCT will be given extensive contracting, regulatory, financial, monitoring, transport law enforcement and planning powers.
Jonathan Cripps, partner in the projects and infrastructure group at Stephenson Harwood, commented: "This project is ground-breaking for the transport system in Cape Town. In a country where people often spend a large proportion of their disposable income on transport, the importance of improving the transport systems cannot be overstated."
Councillor Brett Herron, Mayoral Committee Member for Transport, Roads & Stormwater for the City of Cape Town, added: "We are pleased to appoint Stephenson Harwood for this project. Their experience in working on other international major transport infrastructure projects was impressive and we look forward to collaborating with them to establish Transport for Cape Town and to help make a difference to the needs of our citizens."
Stephenson Harwood's projects and infrastructure team regularly advise sponsors, financiers, procuring authorities and other stakeholders on projects around the world. The team advises on all aspects of these projects including on regulatory, procurement, finance, construction, operation and maintenance issues. The firm has particular experience of working in the transport, energy, accommodation, utility and regeneration sectors.