https://www.engineeringnews.co.za

More than 30 properties up for lease at the Port of Durban

5th June 2017

By: Anine Kilian

Contributing Editor Online

     

Font size: - +

State-owned Transnet National Ports Authority (TNPA) is offering new lease agreements for more than 30 properties and operational sites in the Port of Durban’s Ship Repair and Bayhead precincts.

The commercial sites, which can be leased for a minimum of five years, present opportunities for new entrants, which have a minimum 51% black ownership, to participate in port-related activities.

TNPA Port of Durban manager Moshe Motlohi says this exercise is part of transforming the port space and making it more inclusive for interested businesses, especially new entrants.

“This is the first ever real estate lease application exercise of this magnitude and we hope that it will be well received by the public, especially for communities residing in and around the Port of Durban,” he said.

The commercial sites range in size from 14 m2 to 5 000 m2 and are mostly used for port and logistics related activities such as light industrial engineering workshops, repair operations and storage warehouses.

The properties also include a restaurant which caters for the Bayhead industrial workers market and sites suitable for local sporting bodies, boating clubs and fishing clubs.

The Port of Durban has been leasing these properties on a month-to-month basis to a group of businesses for more than 20 years. Most of the existing leases were coming to an end.

Current tenants are encouraged to participate in the process; however, further recognition will be given to new entrants and applicants who have a minimum of 51% black ownership.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.186 0.241s - 137pq - 2rq
Subscribe Now