Transnet SOC Ltd

Transnet SOC Ltd

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Shortlists/Awards 3
Pricing strategy 0
Partners/Competitors 19
Last update: Dec 6, 2024 Last update: Dec 6, 2024
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Details

Legal residence:South Africa
Organization type:Consulting organization
Funding agencies:WB, Other
World Bank HQ, Other
Sectors:Civil Engineering, Electrical Engineering, Roads & ...
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Civil Engineering, Electrical Engineering, Roads & Bridges, Water & Sanitation
Nr. of employees:10001+
Sanctions:Check now
Status:
Active

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About

The South African Railways and Harbours Administration (SAR&H) was established on 31 May 1910 with formation of the Union of South Africa by the amalgamation of the four colonial railways and all harbours in South Africa - about 11,000 kilometres of track. It would manage road transport and pipelines in South Africa. It also managed South African Airways from 1934 to 1997. It was reorganised and renamed in 1981 as the South African Transport Services (SATS). In 1990 it became Transnet.

As the custodian of ports, rail and pipelines, Transnet’s objective is to ensure a globally competitive freight system that enables sustained growth and diversification of the country’s economy. 

Significant growth is being targeted from new markets, particularly in integrated logistics, the development of logistics hubs and clusters, natural gas midstream infrastructure, manufactured products and new digital businesses.

Transnet operates as an integrated freight transport company, formed around a core of five operating divisions that complement each other. These are supported by a number of company-wide specialist units - Transnet Group Capital, Transnet Property and Transnet Foundation- which underpin our company.

Transnet is made up of the following operating divisions:

  • Transnet freight rail 
  • Transnet rail engineering 
  • Transnet national ports authority 
  • Transnet port terminals 
  • Transnet pipelines  

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