New terminal operator opens in PE
11 December 2019 | Web Article Number: ME201917507
BIDFREIGHT Port Operations (BPO) has officially launched its Multi-Purpose Terminal operations in the Port of PE after completion of its refurbishment to Sheds 10 and 11.
Transnet National Ports Authority’s (TNPA) Port of PE announced in February this year the appointment of its third terminal operator at the Multi-Purpose Terminal (MPT). BPO became the second private terminal operator at the MPT after the successful award of a Section 56 terminal operator license through an open tender process.
The license awarded to BPO required the design, development, financing, construction, operation and maintenance of the sheds. The project has now officially been completed.
A Section 56 agreement, in terms of the National Ports Act, allows TNPA to sign terminal operator agreements with private-sector companies to reduce the cost of doing business and improve the competitiveness of South African companies.
Rajesh Dana, Port Manager of the Port of PE said the strategic partnership between TNPA and BPO had ensured the critical creation of jobs during the construction phase, the promotion of rural development through skills development in the construction industry, empowering local BBBEE businesses and increasing local business revenue.
“The transformation that BPO has brought to the MPT through the refurbishment and upgrade of Sheds 10 and 11, is testament to what a Section 56 agreement can achieve through collaboration with industry players. BPO has provided great investment into the sheds and has further ensured that TNPA delivers on its mandate of ensuring economic growth in Nelson Mandela Bay, through successful facilitation of business opportunities,” Dana said.
BPO’s Managing Director Jannie Roux said, “Reaching this milestone of completing the construction and facelift of the Port of PE’s sheds is attributed not only to the hard work and commitment shown by our BPO employees, but also to the manner in which the TNPA Port of PE team has supported and facilitated the process in getting us to this point. BPO can now optimally strive to surpass the values enshrined in our motto: In place. On Time”.