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State-owned freight logistics utility Transnet has initiated a process through which it aims to test whether international port terminal operators have the appetite to partner with it to improve the functioning of two underperforming container terminals at the ports of Durban and Ngqura respectively. Public Enterprises Minister Pravin Gordhan announced on Monday that a request for information (RFI) would be released for the Durban Container Terminal (DCT) Pier 2 operation, as well as the Ngqura Container Terminal (NCT) as part of a broader process of port reform that includes securing new private funding and expertise. ....
Group CEO Portia Derby told journalists on Monday that the project would cost R100 billion and currently, Transnet would not be able to foot the bill. ....
DA welcomes Transnet's plans to secure private investment into SA ports polity.org.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from polity.org.za Daily Mail and Mail on Sunday newspapers.