Transnet (Twitter)
The Eastern Cape Government has welcomed Transnet National Ports Authority's (TNPA) decision to relocate its headquarters to Nelson Mandela Bay.
This forms part of TNPA's ongoing cost-saving and efficiency initiatives that include consolidating its various corporate offices in Johannesburg and Durban, into one at the Port of Ngqura.
"The 10 000 square-metre eMendi building, completed at a cost of R255 million in 2017, is currently under-utilised, yet has the opportunity to significantly deliver cost-savings for Transnet. The eMendi building is currently being reconfigured into a layout suitable for accommodating the TNPA Head Office resources," the SOE said.
Welcoming the move, the Bhisho government says this comes with massive economic spin-offs for the provincial economy.
Spokesperson, Mvusi Sicwetsha, says TNPA is the first State-Owned Entity to relocate its head office to the Eastern Cape.
He says Bhisho is also more optimistic now that TNPA's leadership will be motivated to implement some of their earlier decisions, to invest huge amounts of money into the economic infrastructure of the Eastern Cape.
The National Ports Authority provides port infrastructure and marine services at Richards Bay, Durban, East London, Ngqura, Port Elizabeth, Mossel Bay, Cape Town and Saldanha.
It operates within a legislative and regulatory environment created by the National Ports Act 2005 (Act No. 12 of 2005).
