Transnet looks to private sector to help build new port in Northern Cape

Transnet wants the new port at Boegoebaai in the Northern Cape to be operational by 2026

Transnet National Ports Authority is seeking private sector investment to build a new deepwater port at Boegoebaai in the far Northern Cape, a mineral-rich area earmarked for the export of green hydrogen and other commodities.

The cost of phase one of the project in the Northern Cape, which includes a new rail link of about 550km, is estimated to be R13.8bn, which will be funded from the fiscus...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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