Chinese, UAE and European giants shortlisted for R100bn Durban port upgrade - along with SA firms | Fin24

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Chinese, UAE and European giants shortlisted for R100bn Durban port upgrade - along with SA firms | Fin24
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Major port & logistic companies from the UAE, Saudi Arabia, China & Europe, as well local players like Grindrod, and the Johann Rupert-chaired Remgro have made the shortlist of private partners for Transnet’s R100 billion upgrade to the crucial Durban port

Major port and logistic companies from the UAE, Saudi Arabia, China and Europe, as well local players like Grindrod, and the Johann Rupert-chaired Remgro have made the shortlist of private partners for Transnet’s R100 billion upgrade to the crucial Durban port.

The port was affected by the widescale floods that hit KwaZulu-Natal in April, and in July last year there were delays at the port after Transnet’s IT system was hacked. Transnet will now issue a request for proposals to the shortlisted candidates, and they have until December to outline their potential plans in more detail. APM Terminals AMI Management DMCESTChina Harbour Engineering Company Ltd and Guangzhou Port Co. Ltd

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