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Transnet shock: RFQ issued for entire DBN-JHB rail corridor

Home Business Management Finance & Investment Transnet shock: RFQ issued for entire DBN-JHB rail corridor

ICYMI | IN an unanticipated media statement issued on Monday, January 27, Transnet Group spokesperson, Ayanda Shezi, said that Transnet, as part of its partnerships strategy, decided to engage the market to invest in and grow Transnet Freight Rail’s (TFR) freight containerised business, which is the backbone of the manufacturing sector in the country.

“To this end,” the statement continues, “Transnet will issue a Request for Qualifications (RFQ) to the market to identify parties interested in entering into an Operating Lease with TFR for the operation and maintenance of the Container Corridor (the line between Johannesburg and Durban) for a period of 20 years. The Container Corridor rail mainline is a fully electrified double-tracked rail line running from Booth in KwaZulu-Natal to Union in Gauteng.

“While the mainline is 670km in route length, the double line and various major marshalling yards and enabling rail lines takes the total track length of the Container Corridor to 1 621km.

“The Operating Lease will provide for the required investment in the rehabilitation, upgrade and maintenance of the rail network and rolling stock assets, as well as the operations of the Container Corridor, which includes the Bayhead Back of Port Terminal and defined Inland Terminals of City Deep, Kascon and Bayhead.

“The involvement of the private sector is intended to result in a significant shift of containers from road to rail, and increased operational reliability and efficiency.

“The RFQ released is not intended to, and will not, impose any legal obligation on Transnet.

“Transnet has prepared this RFQ for the sole purpose of providing general information about the Container Corridor and to assist interested parties in determining whether to respond to the RFQ,” Shezi concludes.

The RFQ is available on the Transnet website and the National Treasury e-tender portal.

ALSO READ: SA’s first private rail freight route, from Kroonstad to East London, on track for April 2023 

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