Transnet National Ports Authority (TNPA) is considering appointing a terminal operator at the Port of Cape Town.
The successful candidate will acquire, operate, maintain, refurbish, or construct and transfer a liquid bulk terminal for a 25-year concession period at the harbour.
Also read: City calls for deadline on private sector involvement in Port of Cape Town
As reported by Moneyweb, bids for the Request for Proposal (RFP) close on 15 July 2024.
The move follows years-long calls by the City of Cape Town and the Western Cape provincial government on Transnet to enable more private sector participation to improve the port’s performance.
Ageing infrastructure and poor productivity have plagued the port for years, resulting in substantial financial losses for exporters and importers.
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As per a media statement, TNPA said the issuance of the RFP aligns with its mandate to work with the private sector to diversify port revenue, create jobs and develop infrastructure to boost economic growth.
According to Ophelia Shabane, the acting manager of the Port of Cape Town, the liquid bulk precinct facilitates the movement of liquefied cargo across South Africa and beyond, contributing to international trade.
The proposed site for RFP links to the Eastern Mole and Tanker Basin berths in the port’s liquid bulk precinct and spans approximately 18 722 square metres. These berths are classified as common user berths.
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