PRASA, South Africa’s Passenger Rail Agency, is revolutionizing the country’s railways by launching two major development projects aimed at enhancing living conditions and providing affordable housing. The Goodwood Station Social Housing initiative aims to deliver over a thousand affordable rental units by October 2023, while the Cape Town Station development will offer 3,200 beds for students and a revamped retail precinct. PRASA’s diversified portfolio includes real estate investment and development to offset the cost of operating passenger rail services. These projects signify a collaborative commitment to improving transportation and infrastructure in South Africa.
