Transnet National Ports Authority to spend R13.67 billion on Mandela Bay Ports over seven years


Transnet National Ports Authority (TNPA) says it plans to spend R13.67 billion on the Ngqura and Port Elizabeth ports in Nelson Mandela Bay over the next seven years starting in the current 2014/15 financial year.

Of this R12.85 billion will be spent at Ngqura and R820 million at Port Elizabeth.

This is 31.4% of TNPA’s total planned capital expenditure over the seven year period of R43.5 billion.

Work on the two slipways at the Port Elizabeth Harbour, which TNPA says has been “sanctioned,” will get underway in October this year and be completed in October 2016 at a cost of R229 million.

TNPA says in a presentation to the Second Strategic Customer Conference that construction of Berth A100 and the tank farm landside services costing just less than R2.5 billion will start in April next year and be completed in July 2018.

Work on another sanctioned project, the Port of Ngqura administration building and small craft basin has already started and will be completed in July 2016.

With regard to the new manganese ex-port and related facilities, TNPA says that it is “busy with detail design” and that the project will be completed in July 2018.

That clears the way for the relocation of the existing facility in the PE Harbour.

Currently, in order to meet the demand from manganese miners, the ore is being exported from other ports.

TNPA says it is also planning in the cur-rent financial year to “collaborate with container operators to use the empty container leg for manganese exports through Port Elizabeth” in order to in-crease throughput volume at the port.

With regard to liquid bulk, TNPA states that finalisation of the terms of agreement are awaiting “conclusion on tariffs” from the National Energy Regulator of South Africa (NERSA).

TNPA has also identified PE as the venue for the repair of fishing boats as well as boat building. - MetroMinutes.

Photo caption: The Port of Ngqura, adjacent to the Coega IDZ, near Port Elizabeth.