(Peter Titmus/Getty Images)
Transnet National Ports Authority (TNPA) has taken a further step towards private participation in infrastructure, calling on investors to develop a liquid bulk terminal in Cape Town with a 25-year concession.
This is TNPA's second major contract to market, the first being a 25-year contract to manage Durban Container Terminal (DCT) Wharf 2. Transnet has appointed International Container Terminal Services Inc. (ICTSI) in the Philippines. Preferred bidder for Durban project.
TNPA announced Wednesday that the call for proposals requires successful bidders to “acquire, operate, maintain, renovate, or construct or transfer a liquid bulk terminal within a 25-year concession period.” Liquid bulk commodities include gas, oil, and chemicals.
The proposed facility is a brownfield site within the liquid bulk area of the port and the berth is classified as a general user berth for liquid bulk goods.
“The RFP is in line with TNPA’s mission to accelerate the delivery of port services and facilities, with a focus on collaboration with the private sector that fosters revenue diversification, job creation, infrastructure development and sustainable economic growth. It becomes.
“The Port of Cape Town’s liquid bulk area will enable the efficient movement of liquefied cargo across South Africa and overseas, facilitating international trade and ensuring security of supply,” Acting Port Administrator Ophelia・Mr. Chabane said.
