Why South Africa selected ICTSI for its first port privatisation project

Why South Africa selected ICTSI for its first port privatisation project

Two years after President Cyril Ramaphosa’s unprecedented initiative to open the port industry up to the private sector, Philippines-based ICTSI (International Containers Terminal Services Inc.) was selected to manage Durban’s Pier 2, South Africa’s largest container terminal, alongside government-run Transnet. The Port of Ngqura will soon follow suit.

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            ▪ Why South Africa selected ICTSI for its first port privatisation project

▪ Two years after President Cyril Ramaphosa’s unprecedented initiative to open the port industry up to the private sector, Philippines-based ICTSI (International Containers Terminal Services Inc.) was selected to manage Durban’s Pier 2, South Africa’s largest container terminal, alongside government-run Transnet. The Port of Ngqura will soon follow suit.

https://www.africabusinessplus.com/en/816873/why-south-africa-selected-ictsi-for-its-first-port-privatisation-project/

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