Transnet is setting up Transnet International Holdings (TIH) – a new subsidiary to operate port, rail and pipeline infrastructure in Africa and the Middle East. Its target is to earn 25% of its income from outside SA by 2025.
While Transnet’s current overborder activities are mostly rail services in other states in the Southern African Development Community (SADC), it intends to offer port and pipeline services, as well as targeting rail contracts elsewhere in the continent.
It is also aiming at Transnet Engineering marketing engines and rolling stock across the continent. Transnet has already signed five interport agreements with Ghana Ports Authority, Namport, Maputo, Kenya Ports Authority and Port Corporation of Sudan.
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