Transnet to Create Unit in October to Enable Private Rail Access
- Durban, Ngqura container-terminal partnerships in process
- Water Partnership Office to boost private participation
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Transnet SOC Ltd. is pushing ahead with plans to boost private participation in South Africa’s ports and freight-rail networks as the state-owned logistics company’s operational performance deteriorates.
By the end of October it plans to create an infrastructure manager to allow private companies to run trains on key freight tracks, Khumbudzo Ntshavheni, South Africa’s minister in the presidency, said in a statement on Tuesday. Those rail lines move cars, metals and coal to ports and import fuel and automotive parts.