Automotive terminals set for makeover as part of Transnet’s R25bn outlay
State-owned company will source funding on the open market
06 August 2024 - 05:00
Transnet plans to invest almost R25bn in the next five years to expand and reposition its ports. This includes upgrades to the country’s three automotive terminals at the ports of Durban, East London and Gqeberha, while also taking advantage of the opportunities presented by the influx of cruise liners to the western region of the country.
The plans will increase the country’s automotive terminal capacity in the provinces that have a big automotive sector, such as the Eastern Cape...
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