Transnet National Ports Authority (TNPA) has approved two landmark concession awards in the Port of Durban that will boost the Southern African Development Community (SADC) region’s global competitiveness in fresh produce trade.
The transactions will unlock more than R1 billion of private-sector investment in modernising infrastructure in the port’s Maydon Wharf Precinct, while strengthening Durban’s strategic position as a gateway for agricultural and perishable exports.
“African Port Logistics and Infrastructure (Pty) Ltd, trading as KHOLD, has been appointed as the preferred bidder to handle fresh produce and compatible break-bulk cargo with a planned investment of R250 million,” TNPA said on Monday.
“With a committed R810 million in capital expenditure, the BAL SA & Africa Global Logistics Consortium has been named the preferred bidder for the development and management of a multipurpose terminal to handle agricultural dry bulk and other compatible cargo.”
The brownfield concessions will grant the two private operators the licence to finance, design, construct, operate, maintain and transfer the upgraded terminal facilities to TNPA at the end of the 25-year concession tenure.
“These projects will significantly enhance handling capacity for fresh produce and agricultural dry bulk and strengthen supply chains from local farms to global markets. Beyond infrastructure upgrades, the concessions are expected to deliver a meaningful economic impact to the SADC region,” TNPA said.
Both preferred bidders have committed to promote transformation and ensure inclusive economic growth. These commitments include participation of black-owned small and emerging enterprises, as well as expanded opportunities for previously disadvantaged persons.
TNPA general manager of commercial services, Dineo Mazibuko, said the concessions responded to market demands and advanced national priorities that enabled the port to transform under the group’s growth strategy.
“By unlocking such significant investment, we are ensuring Maydon Wharf evolves into a modern, efficient, automated and inclusive logistics hub. These transactions further strengthen Durban’s position as a competitive export platform for agricultural and fresh produce trade,” Mazibuko said.
The preferred bidders will now enter negotiations with TNPA to finalise Terminal Operator Agreements. This governance process will mark the next steps in implementing the developments.
