Port of Rotterdam, Vopak in Race for $2.8 Billion Hydrogen Port in South Africa
- Boegoebaai Port, associated rail slated to cost $2.8 billion
- South Africa is seeking to develop green hydrogen industry
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Port of Rotterdam and Koninklijke Vopak NV have been asked to submit construction and funding plans for a 50 billion rand ($2.8 billion) port and associated rail links to ship commodities including hydrogen and its derivatives from northwest South Africa, people familiar with the talks said.
The two Dutch companies are part of three consortiums that on Tuesday won the right to present proposals to South Africa’s state logistics company, Transnet SOC Ltd., to build the Boegoebaai Port and related infrastructure, the people said, asking not to be identified as the consortium members haven’t been identified.