The Development Bank of Southern Africa (DBSA) is to work with Transnet to help South Africa’s ports and freight-rail operator prepare projects for private participation as the company’s container terminals are regarded as among the least efficient in the world.
This has prompted South Africa’s presidency to propose a plan that would see many of the ports and key rail lines concessioned to private operators that would also be responsible for modernising the dilapidated infrastructure.
The state company has gone some way toward including private participation in its networks. It’s finalising an agreement with the Philippines’ International Container Terminal Services Inc to help run and expand Africa’s biggest container port in Durban. It’s also seeking private operators for a citrus terminal and the key rail-freight line between Durban and South Africa’s industrial heartland of Gauteng, the province where Johannesburg and Pretoria are located.
Source: FreshPlaza
