TNPA Awards 25-Year Concession
TNPA awards concession for Cape Town terminal. The project is worth R102 million.
Ibrahim Hassan
East Africa Bureau Chief
Introduction
The Transnet National Ports Authority (TNPA) has awarded a 25-year concession for the Cape Town Liquid Bulk Terminal. This project marks a strategic investment in enhancing South Africaβs liquid bulk logistics capacity.
Project Details
The total projected value of the project is R102 million, covering both capital upgrades and long-term maintenance. FFS Tank Terminals has been appointed as the preferred bidder to refurbish and operate the terminal.
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SOURCES & REFERENCES
This article was researched and compiled by the PulseAfrica editorial team using information from international news sources including Reuters, BBC Africa, Al Jazeera, AFP, and local African media outlets. PulseAfrica is committed to accurate, balanced and independent journalism covering all 54 African nations in three languages.
