Transnet invites bids for its leasing company (opens original article in a new tab)

Transnet invites bids for its leasing company, LeaseCo, to enhance rail logistics and attract private investment.

• Transnet issues RFP for two bidders to support LeaseCo, a state leasing company for rail assets.
• LeaseCo aims to modernize freight rail, attract private investment, and improve logistics performance in South Africa.
• Transnet contributes rolling stock assets and engineering capabilities, while private partners provide capital and expertise.