South Africa invests in box terminals

The South African state owned holding, Transnet, has approved a US$349.37m investment upgrade package for container terminals in both Durban and Cape Town.

Cape Town: US$100m to speed up turnaround times

The contract for consultancy was awarded to Singapore’s Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).

At Durban, US$241.95m will be used to develop a box handling facility at Pier I; this will be jointly funded by South African Port Operations (Sapo) and the National Port Authority of South Africa (NPA). Meanwhile, US$101.02m is to be invested in the container terminal at Cape Town to improve efficiency, speed up turnaround times and increase capacity.

A further US$1.68m will also be spent on improving reefer installations at the port which is key to the success of the local fruit export industry.