Transnet SOC Ltd has issued a Request for Qualification (RFQ) to begin the process of selecting a strategic partner for the Ngqura Manganese Export Corridor (NMEC) Private Sector Participation (PSP) project, which will run for 25 years.
The NMEC project supports Transnet’s plan to improve freight network performance, increase export capacity and strengthen South Africa’s logistics system. The corridor will support the country’s manganese export value chain and connect Hotazel in the Northern Cape to the Port of Ngqura in the Eastern Cape, where Transnet plans to build a new manganese terminal. The project is expected to increase rail exports by about 20%.
South Africa holds some of the world’s largest manganese reserves, giving the country an opportunity to benefit from rising global demand for the mineral. A more efficient and reliable export corridor will support the mining sector, strengthen export competitiveness and contribute to job creation and wider economic development.
The project is part of Transnet’s Private Sector Participation programme, which aims to attract private investment and expertise to improve infrastructure, increase capacity and support growth across key freight corridors.
Under the competitive procurement process, interested parties will need to demonstrate their technical and operational experience, financial capacity and compliance with Transnet’s requirements. They will also need to explain how they plan to deliver sustainable socio-economic benefits and support communities affected by the project. Parties that meet the qualification requirements will then be invited to submit proposals during the Request for Proposals (RFP) stage.
Transnet said it will conduct the procurement process fairly and transparently while ensuring that it remains competitive and complies with relevant governance and regulatory requirements.
source: Transnet SOC Ltd
