Transnet project yields re­sults

Daily Dispatch - - NEWS - ODETTE PARFITT parfitto@ti­soblack­

A R200-mil­lion project to es­tab­lish ves­sel re­pair fa­cil­i­ties in the port of Port El­iz­a­beth is fi­nally start­ing to show a re­turn on in­vest­ment a year af­ter its com­ple­tion.

Work on the new fa­cil­i­ties be­gan in Novem­ber 2014 and was con­cluded in June last year.

Transnet Na­tional Port Au­thor­ity (TNPA) project man­ager Pi­eter-Ben van Rhijn said the project had since shown a re­turn on TNPA’s in­vest­ment.

“We have ser­viced more than 140 lo­cal and for­eign fish­ing ves­sels since the com­ple­tion of the [boat hoist] fa­cil­i­ties in April 2016,” said Van Rhijn.

Port man­ager Rajesh Dana said the fa­cil­ity has tripled its an­nual in­come since the project’s con­clu­sion.

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