Seven year expansion programme for South Africa’s ports
The investment falls within the Transnet Market Demand Strategy (MDS) recently announced by State President Jacob Zuma and in total Transnet will spend R300bn (US$39.1bn) in port and rail capital projects up to 2018/19.
The bulk of TPT’s spend – 71% of the R33 billion seven year investment pipeline – will be focused on expansion projects and creating capacity to meet projected demand, while the remaining 29% will include the replacement and refurbishment of existing equipment.
Some of the major capacity creating projects to be embarked on by TPT will include:
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