ICTSI preferred bidder for Durban box terminal
NewsICTSI has beat out competition from eight other global terminal operators to emerge as the preferred bidder for a 25-year concession to operate DCT Pier 2 in Durban, South Africa.
South Africa appears to be taking the first tentative steps towards liberalising the state’s involvement in the port sector. This follows president Cyril Ramaphosa’s announcement that Transnet National Ports Authority (TNPA) is to be restructured as an independent, albeit wholly owned, subsidiary of Trans et SOC Ltd.
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