Transnet National Ports Authority says it has received significant investment interest from private players. Moneyweb
Transnet National Ports Authority wants to partner with the private sector to expand its container facility capacity at the Port of Richards Bay in KwaZulu-Natal . On Wednesday, the division of the state-owned rail, port and pipeline company Transnet called on interested parties to respond to its request for proposals to fund, design, develop, operate, maintain and transfer a container handling facility for a 25-year term.
“The RFI process has enabled TNPA to positively assess the market appetite for such a facility in Richards Bay, and the responses have revealed that there is potential to grow the current capacity to an estimated 200 000 TEUs,” Moshe Motlohi, TNPA managing executive for Eastern Region ports, said in a statement.
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