Saudi-backed port developer weighs South Africa harbour deal

Saudi-backed port developer weighs South Africa harbour deal

Saudi Arabian ports operator Red Sea Gateway Terminal, backed by the kingdom’s $925 billion sovereign wealth fund, is evaluating whether to bid to develop and run a fresh-produce terminal at Africa’s biggest maritime hub.

Saudi-Backed Port Developer Weighs South Africa Harbor Deal

Saudi Arabian ports operator Red Sea Gateway Terminal, backed by the kingdom’s $925 billion sovereign wealth fund, is evaluating whether to bid to develop and run a fresh-produce terminal at Africa’s biggest maritime hub.

Transnet Looking For Operator To Run New Multi-Purpose Terminal At Durban Port

Durban – Transnet is on the hunt for a terminal operator to take charge of a massive new development at Maydon Wharf inside the Port of Durban. The state-owned logistics giant, through its Transnet National Ports Authority (TNPA), has dropped a Request for Proposals (RFP) for the design, funding, construction, and running of a multi-purpose terminal (MPT) – and this ain’t a small gig. Whoever lands it will be operating the terminal for 25 years …