Last year's commitments totalled R5,3bn.
The figures are given in the company's annual report tabled in Parliament, which was circulated at the weekend. The report also complains about "many challenges" presented by the current state of the construction industry.
"These include a skills shortage, long lead times for material supplies and rapidly escalating costs due to capacity constraints and a tender environment that favours contractors."
Nevertheless the company reports that good progress has been made at the OR Tambo airport in Johannesburg and at Cape Town International.
In addition the airport company says it is facing a continuing problem of pilferage from passengers' baggage, especially at OR Tambo. A number of major projects are under way to help deal with it.
They include reducing the number of people with access to the baggage make-up area from 3,500 to some 1,000. Entry and egress control using biometric systems has been beefed up, and random searches of baggage dollies leaving the area are conducted.
Staff members of ground handling companies can enter and leave the airside section only if they are in full uniform, and only during their lunch break. Hidden cameras have been installed, and a baggage-handling manager has been appointed. - Michael Hamlyn, I-Net Bridge
Readers' Comments
Have a comment or question about this article? Email us now..
Get up-to-date property news
Would you like to receive free weekly news and information about property in South Africa? Sign up now for Property24's Week in Review.
Property News
Click here for more property news articles.
Need a blog?
Start your own blog with a free blog from 24.com.