Trans-Caledon Tunnel Authority (TCTA)
|Postal||PO Box 10335, Centurion, 0046|
|Physical||Tuinhof Building, Ground Floor, Stinkhout Building, 265 West Avenue, Centurion|
|Tel||012 683 1200|
OverviewThe mission of the Trans-Caledon Tunnel Authority (TCTA) is to facilitate water security through the planning, financing and implementation of bulk raw water infrastructure, in the most cost-effective manner for the benefit of water users.
The TCTA was originally established as a special purpose vehicle to fulfil South Africa’s treaty obligations in respect of the Lesotho Highlands Water Project. Its establishment was in line with government policy and practice to seek off-balance-sheet funding options for infrastructure projects, which can recover their costs through the end-user tariffs. The purpose of constructing works off-budget is twofold: to ensure that the cost of the infrastructure is paid for by the benefitting end consumer and not by the entire tax base; and to reduce government borrowing requirements.