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The Mercury (Digital)

The Mercury (Digital)

1 Issue, March 24, 2025

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Transport Minister announces new unit to attract private sector investment in Transnet

Transport Minister announces new unit to attract private sector investment in Transnet
Transport Minister Barbara Creecy revealed the plans to habilitate Transnet through the PSP as Request for Information (RFI) was announced during a media briefing on Sunday.
Creecy said arrangements were at final stage for the DBSA and Treasury to be be hosting institutions for the unit,
The unit will comprise a team with extensive expertise in structuring PSP contracts and procurement, which is expected to to enhance State capacity and provide support to Transnet and Passenger Rail Agency of SA (Prasa) in the procurement of potential PSP projects.
Creecy said the RFI was in response to numerous unsolicited proposals from the private sector offering investment, skills, and expertise to support the rehabilitation and reform of the struggling rail and port systems.
"The department is in the final stages of concluding a Memorandum of Agreement with the DBSA and the National Treasury, appointing DBSA as the hosting institution for the Unit," Creecy said.
"This overwhelming interest has made it clear that the department and Transnet must engage in broad and inclusive market engagement before issuing Requests for Proposals (RFPs) in August this year.”
Creecy said the PSP Unit and Transnet will develop the policy-aligned PSP Programme, which will enter the formal procurement phase from the end of August 2025.
She said the process would focus on reform Transnet in accordance with the Cabinet-approved Roadmap for Freight Logistics to ensure a just transition to a reformed rail and port logistics system, prioritising maximum job retention...
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The Mercury (Digital) - 1 Issue, March 24, 2025

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