South Africa: Transnet needs private investments

Transnet is looking for R 100bn (EUR 7 bln) from the private sector for investment in freight infrastructure over the next seven year, Transnet Freight Rail’s Chief Executive Siyabonga Gama.
“Transnet Freight Rail is working with business and industry for value-chain development and growth in order to create competitive supply chains through alliances and close collaborations with customers‚ the private sector and government‚” Gama said.
In addition, the company plans to invest R 312bn (EUR 22 bln) in infrastructure in this period.
Source: www.bizcommunity.com


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