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Transnet seeks private sector input to modernise Cape Town port infrastructure
Photo: IOL
2026-07-24 06:12   Economy   10

Transnet seeks private sector input to modernise Cape Town port infrastructure

Transnet National Ports Authority has initiated a competitive bidding process for a 25-year concession to redevelop the Port of Cape Town's Duncan Dock Precinct terminal.

The move aims to address chronic operational inefficiencies, including maintenance backlogs and wind damage, which have hampered the port's global competitiveness.

The successful bidder will design, finance, and operate an energy-efficient terminal, with a focus on boosting containerised, dry-bulk, and break-bulk cargo throughput.Western Cape leaders welcomed the initiative, highlighting its potential to unlock R6 billion in exports, generate R1.6 billion in tax revenue, and create 20,000 jobs.The project aligns with Transnet's Reinvent for Growth strategy, which prioritises private-sector participation in logistics corridors.

Recent improvements include a 92% reduction in long-wave downtime through shore-tension units, with container turnaround times dropping to 58 hours year-to-date.The bid deadline is set for 20 November 2026.

Full reading at IOL

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