# Transnet National Ports Authority has signed a 25-year concession agreement with FFS Tank Terminals to operate and maintain a liquid bulk terminal at the Port of Cape Town. The 195.7-million-rand investment over three years will refurbish infrastructure, boost operational efficiency, and double diesel storage capacity to 29-thousand-200-cubic metre. The Ports Authority says the deal supports its Reinvent for Growth Strategy and strengthens private sector participation in port operations.
Transnet signs 25-year liquid bulk terminal deal at port of Cape Town