The City of Cape Town is again calling for State-owned Transnet to accelerate initiatives to improve efficiencies at the Port of Cape Town.
South Africa cannot afford a port that underperforms, and all options for structural improvement, including increased private sector involvement in operations, need to be considered and enabled, the city says.
Cape Town again made the call after the port was ranked last in the latest World Bank Container Port Performance Index (CPPI), says City of Cape Town Economic Growth MMC Alderman James Vos.
Transnet has made investments to improve port operations, but this has not been reflected in the latest global port rankings.
While there are encouraging signs that reforms and partnerships are beginning to yield improvements elsewhere in the country’s port network, Cape Town continues to struggle with operational inefficiencies that undermine South Africa’s competitiveness and affect the ability of exporters to get their products to international markets, he says.
