Transnet National Ports Authority (TNPA) and FPT Group have signed a 20-year terminal operator agreement for the redevelopment and operation of a fresh produce terminal at the Port of Durban’s Point Precinct.
The port terminal is projected to increase volume throughput to approximately 1.691 million tonnes per annum (mtpa) by 2028, with annual growth of around 2% and stabilising at 1.906 mtpa by 2034.
TNPA said the deal, concluded in terms of a Section 79 Ministerial Directive under the National Ports Act of 2005, marked a “significant milestone” for South Africa’s agricultural export logistics network.
“The agreement is expected to accelerate strategic port infrastructure investment, improve logistics efficiencies and reinforce the Port of Durban’s capability to handle growing volumes of time-sensitive agricultural exports.”
During the redevelopment phase, approximately R397 million has been committed towards skills development, small business support and regional economic initiatives linked to terminal operations. Over the operational term, an estimated R3.3 billion is earmarked for investment in supplier development, localisation and broader economic participation initiatives.
TNPA Chief Executive, Mohammed Abdool, said the partnership was a game changer for the growing agricultural export sector. “By unlocking long-term private-sector investment, we are reinforcing the Port of Durban’s strategic role in supporting economic growth and export development.”
FPT Managing Director, Paulo Franco, added: “The partnership is expected to strengthen the competitiveness of South African produce while contributing to increased foreign revenue earnings.”
