Two entities shortlisted to bid to partner with Transnet on ‘LeaseCo’

Transnet has issued a formal request for proposals (RFP) to two shortlisted bidders that participated in an earlier request for qualification (RFQ) process relating to the creation of a railways rolling stock leasing entity, dubbed LeaseCo, as a public–private partnership. The identities of the two bidders were not immediately released, with Transnet confirming only that the shortlisted bidders had been selected from among the 14 respondents to the April RFQ.

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