11 August 2020 - NW1503
Hunsinger, Mr CH to ask the Minister of Transport
(1)What total number of staff is employed under the Passenger Rail Agency of South Africa (Prasa) Intersite and Prasa Cooperate Real Estate Solutions (Cres) respectively; and (2) how are the functions and/or roles differentiated between Prasa CRES and PRASA Intersite?
1. CRES has seven hundred and twenty six (726) employees. Intersite has twelve (12) employees.
2. CRES is a property management division of PRASA established to oversee the entity’s property portfolio, which includes stations, workplace and land. To execute its mandate, CRES provides suitable workplace facilities, manages railway stations and rents its non-commercial space including land to the business community, students and or citizens who have accommodation needs.
Intersite is an asset investment subsidiary of PRASA established to commercialize entity assets (moveable & immovable) through third party agreements.