The process to allow private participation in the container terminals at the ports of Durban and Ngqura is gaining momentum, with Transnet shortlisting 10 local and international companies that will be permitted to bid to invest in upgrading and expanding the ports.
The year-long process to test the market appetite to invest in assets of the state-owned ports operator has drawn interest from many of the world’s leading port companies and is part of the government’s plans to boost the economy through increasing the efficiency of network infrastructure and increasing infrastructure spending. ..
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