PUBLISHER: Freight News (www.freightnews.co.za)
Transnet National Ports Authority (TNPA) is repositioning South Africa’s Western Region to enhance trade efficiency by investing R16.1 billion in infrastructure development at the ports of Mossel Bay, Saldanha Bay and Cape Town.
The logistics utility announced in a statement on Friday that the Western Region’s capital investment programme had an allocation of R2.2bn that would be invested in the Port of Mossel Bay, R8.4bn in Saldanha Bay, and R5.5bn in Cape Town over a seven-year period.
“Our capital investment plan demonstrates our commitment to the operationalisation of our ‘Reimagined TNPA’ operating model that was launched in 2021. We are intentional about prioritising capital projects that will create future capacity whilst not neglecting the immediate needs required to enhance port efficiencies,” TNPA managing executive for the Western Region, Advocate Phyllis Difeto said.