Transnet opens bidding for Durban multi-purpose terminal concession
Transnet National Ports Authority (TNPA) has opened the bidding process for a terminal operator to take over the design, funding, construction, and long-term management of a multi-purpose terminal at the Port of Durban.
The concession will run for 25 years and will focus on handling fresh produce and compatible break bulk cargo, Transnet said on Monday.
This comes as Transnet has already awarded the tender for the concession of Durban Container Terminal's Pier 2 – SA's biggest shipping container handling facility – to Philippine ports giant International Container Terminal Services (ICTSI) as part of a joint-venture deal. However, ICTSI and Transnet have been taken to court by a disgruntled losing bidder, which has delayed the project.
Cash-strapped Transnet is looking for more private sector participation in SA's major ports as a way to unlock much-needed multi-billion-rand investment into port infrastructure.
ALSO READ: 'Spurious' legal battle over Durban port threatens SA economy
It said the request for proposals (RFP) for the Durban multi-purpose terminal, issued on Monday, falls under Section 56 of the National Ports Act and aims to boost operational efficiency and competitiveness at South Africa's busiest port.
The project is earmarked for the Maydon Wharf precinct, a 145-hectare zone with 15 berths and capacity to handle over seven million tons of cargo annually.
'This multi-purpose terminal request for proposals is a pivotal development for the Port of Durban. It will enhance the port's competitiveness to support the domestic and international supply chain while aligning with Transnet's goals to increase cargo volumes and ultimately lead to economic growth and job creation in the region,' said Nkumbuzi Ben-Mazwi, acting TNPA port manager for the Port of Durban.
ALSO READ: How to fix Transnet's ports in the interest of economic growth
The Maydon Wharf area is primarily a mixed-use precinct, accommodating terminals for dry bulk, break bulk, limited liquid bulk, and some container cargo. The new operator will be expected to maintain and transfer the terminal at the end of the concession period.
Interested parties can access RFP documents through the National Treasury's e-tender portal or the Transnet website.
Transnet said a non-compulsory briefing session will take place on Wednesday at 10am at N-Shed, 2 Quayside Road, Port of Durban.
This article was republished from Moneyweb. Read the original here.
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