Transnet moves towards more private sector involvement with new Cape Town port concession

📆 2024/04/24 11:57:00
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Transnet National Ports Authority News

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Transnet moves towards more private sector involvement with new Cape Town port concession

Transnet National Ports Authority has taken another significant step towards private participation in its infrastructure, calling investors to develop Cape Town's liquid bulk terminal in a 25-year concession.

TNPA said on Wednesday that the request for proposals will require the successful bidder to"acquire, operate, maintain, refurbish, or construct and transfer a liquid bulk terminal for a 25-year concession period." Liquid bulk commodities include gas, oil, and chemicals.

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