South Africa’s state-owned rail, port, and pipeline company Transnet has selected Philippines-based international terminal operator, International Container Terminal Services Inc. (ICTSI), as the preferred bidder and equity partner for a joint venture to develop and upgrade its flagship Durban Container Terminal (DCT) Pier 2. The private sector participation process for DCT Pier 2 comes amidst ongoing operational difficulties and is poised to increase competition, boost efficiency and reliability, and serve as a catalyst for repositioning the Port of Durban as South Africa’s prime harbor.
