Africa's Biggest Port to be Partially Privatised

In a first for South Africa's national ports business, the largest harbour in Africa, Port of Durban, will be operated and controlled in part by International Container Terminal Services Inc. of the Philippines.

"Private sector participation in Pier 2 is a key catalyst for repositioning the Port of Durban as a container hub port. We are delighted to have a global player of ICTSI's standing on board to drive this process," said Transnet Group CE Portia Derby.

Durban Harbour, the largest and busiest shipping terminal in sub-Saharan Africa, handling up to 31.4 million tons of cargo each year, was 364th out of 370 in a 2021 World Bank evaluation of container port performance, while two other Transnet ports were in the bottom 10.

This article originally appeared on All Africa

Photo: All Africa