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.
In a joint statement, South African transport utility Transnet and international consultants McKinsey announced that they have reached agreement on a ZAR870M (US$64M) settlement, as set out by the Judicial Commission of Inquiry (JCI) in December 2020.
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