Transnet National Ports Authority secures over R1 billion investment to modernise Durban port infrastructure, strengthening agricultural exports, food security and global trade competitiveness for South Africa.
Transnet National Ports Authority (TNPA) has taken a significant step to strengthen South Africa’s food security and global trade competitiveness through two major concession awards in the Maydon Wharf Precinct at the Port of Durban.
The transactions are expected to unlock more than R1 billion in private-sector investment aimed at modernising port infrastructure and improving handling capacity for agricultural and perishable exports.
KHOLD has been appointed as the preferred bidder to manage fresh produce and compatible break-bulk cargo operations, with a planned investment of R250 million focused on strengthening logistics efficiency for export markets.
The BAL SA & Africa Global Logistics Consortium has been named the preferred bidder for the development and management of a multi-purpose terminal handling agricultural dry bulk and related cargo, supported by a capital investment commitment of R810 million.
These brownfield concessions grant private operators the licence to finance, design, construct, operate and maintain upgraded terminal facilities, which will be transferred back to TNPA at the end of the 25-year concession period.
The projects are expected to enhance supply chain efficiency from farms to global markets, strengthening South Africa’s position as a competitive exporter of agricultural goods.
TNPA General Manager for Commercial Services Dr Dineo Mazibuko said the concessions align with national economic priorities and support infrastructure modernisation.
“These concessions respond directly to market demand while supporting national development priorities. By unlocking investment, we are enabling Maydon Wharf to evolve into a modern, efficient and inclusive logistics hub that strengthens Durban’s competitiveness as an export platform for agricultural trade,” said Mazibuko.
Beyond infrastructure improvements, the concessions are expected to contribute to regional economic development across the SADC region. Both preferred bidders have committed to supporting transformation through the inclusion of black-owned small and emerging enterprises and expanding opportunities for historically disadvantaged persons.
The preferred bidders will now enter negotiations with TNPA to finalise Terminal Operator Agreements, marking the next stage in implementing the infrastructure developments aimed at strengthening South Africa’s logistics capability and global trade competitiveness.
