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South Africa awards Tambo Springs US$168 million terminal deal

SOUTH AFRICAN rail, port and pipeline company Transnet has awarded a 20-year concession to Southern Palace to design, build and operate the US$168 million Tambo Springs Intermodal Terminal in Ekurhuleni - a new 'inland port' in Gauteng, the province encompassing Johannesburg and Pretoria

South Africa awards Tambo Springs US$168 million terminal deal

SOUTH AFRICAN rail, port and pipeline company Transnet has awarded a 20-year concession to Southern Palace to design, build and operate the US$168 million Tambo Springs Intermodal Terminal in Ekurhuleni - a new 'inland port' in Gauteng, the province encompassing Johannesburg and Pretoria

21 June 2019 - 19:00

SOUTH AFRICAN rail, port and pipeline company Transnet has awarded a 20-year concession to Southern Palace to design, build and operate the US$168 million Tambo Springs Intermodal Terminal in Ekurhuleni - a new 'inland port' in Gauteng, the province encompassing Johannesburg and Pretoria.

The consortium is led by Ferrovie dello Stato Italiane, which will serve as a technical partner, and comprise of Makoya, an empowerment logistics partner that would be supported by Concor, Aecom and Italferr.



Through a public-private partnership the project dubbed Tambo Springs Intermodal Terminal is expected to reach a financial close by September with sod turning set for November, the Nairobi's Construction Review Online magazine reported.



The terminal will be built on a 607-hectare site near Vosloorus, in Ekurhuleni which has been earmarked for development of a larger logistics hub being promoted by the Tambo Springs Development Company.



The hub and the terminal are among the government's Strategic Infrastructure Project 2 which aims to develop growth-supporting infrastructure along the Durban-Free State-Gauteng Corridor. Additionally, the intermodal terminal also forms part of Gauteng Integrated Transport Master plan.



'Springs inland terminal has been on the government's plans for a number of years now. Witnessing it coming to fruition is indeed a historical moment for many South Africans. Once completed, the inland terminal will change the face of Gauteng,' said Transnet's chief business development officer, Gert De Beer.



If all goes to plan the 225,000 TEU facility will begin operations during the third quarter of 2022, but the concession agreement includes scope for an expansion to 560,000 TEU a year. Moreover, it also allows for the concession term to be extended.



The new Springs terminal will boost efficiencies as a fully-fledged modern intermodal facility, directly connected to the Natal Corridor (Natcor) rail link between Durban and Johannesburg. The project will lead to the creation of 81,000 jobs during the contract phase and 110,000 permanent jobs in transport, manufacturing and logistics operations.


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