Key stakeholders
Transnet, National Department of Transport, Department of Public Enterprises, Treasury
Transaction advisor
TM and Nelutha Consulting JV (TM)
Technical consultants
PRDW, PSP Logistics, NAKO ILISO
Project status
The project is in FEL2 phase. Finalisation of FEL2 is planned for December 2018.
Boegoebaai
CAPEX
Port = ~R6 billion +/-40% accuracy. Rail = ~R9 billion +/-50%
Estimated jobs to be created
3 000 permanent and 18 000 indirect jobs
Project status
PPP Feasibility study at FEL 2 level to be completed end of April 2019
PROJECT DESCRIPTION A greenfield, deep water port. Two berths; one dry bulk export Port, Railbreak and berth and one bulkInfrastructure berth supported by aDevelopment rail line (550 kilometers). The port has the potential to accommodate Capesize vessels. Primary drivers for the development include: Capitalizes on new economy, including: o Iron ore from junior miners, creates a catalyst for Boegoebaai is approximately junior / development miners currently60km constrained transportation costs 20km and exclusion from north by of high Port Nolloth and south larger logistic solutions i.e. Sishen-Saldanha line of otheProvides border between Namibia and a more efficient logistic manganese route o Strategically to capitalize on gas fields South Africa in positioned the Richtersveld Local o Services base for oil, gas and offshore mining Municipality area. industry o Potential of an Oil Refinery to be constructed close to the port Economic catalyst for the Northern Cape Province and specifically the Richtersveld Community TheReducing the costCape of moving cargo Northern Province has the Optimizing the cargo distribution within the SA port volumes of commodities to warrant a system commercial port, specifically deep-sea Stimulating regional socio-economic development as a Securing advantage regionally for SA resulta competitive of mining and agricultural ports
Project.
Project location
Project background
Project description Deep-water port development comprising two berths: one dry bulk export berth and one breakbulk berth, supported by a 550km railway line, bulk services and associated social infrastructure.
activities. The Boegoebaai site has all the advantages for Volume the potential Commodity Comment development of a deep-sea port, (mtpa) Dry bulk – ironthe ore 20-metre contour 5-10 is 250m New volume from junior miners namely: Dry bulk – manganese 2-5site owned Lower cost logistic solution offshore and it is a greenfield Dry bulk – lead and zinc 1-2 Closest port to mines The project is being developed in terms of the PPP Project by the people of the Richtersveld, the Break bulk 0.5 Multi-purpose commodities, agricultural, mining and low container volumes Cycle in terms of the Treasury Regulation 16 of the Public Community Property Association (CPA). FUNDING MODEL Finance Management Act, 1999. The development of a Northern Cape Provincial SEZ Establishment Framework will be used for a Special Economic Zone as economic growth Finance Exporting bulk commodities, breakbulk and development instrument to attract new local and foreign The project is being developed in terms of the PPP Project Cycle in terms of the Treasury and container staging. Oil refinery. Ship investment. Regulation 16 of the Public Finance Management Act, 1999. The development of a Northern Cape Provincial SEZ Establishment Framework will be used for a Special Economic Zone as recycling. PROJECT COMMODITY MIX
Finance
Targeted sectors
economic growth and development instrument to attract new local and foreign investment.
Key facts
Project status
Finalisation of phase FEL2 is planned for 31 May 2019. Project status
Business Investment value: Seaside: R4.2-billion. case and feasibility studies will be completed and submitted Finalisation of phase FEL2 is planned for 31 May 2019. Business case and feasibility Railway Boegoebaai: line from Upington to Boegoebaai: at completed end of the 2019.at Several are available Port, Rail & Infrastructure Development Project studies will be andMay submitted end of therelevant May 2019.studies Several relevant studies are R12.6-billion. A total of 10 000 jobs are potential investors study, aincluding a transport available forfor potential investors to study,to including transport investors report investors and a port Project Location competitor analysis. expected to Rail be& created. report a port competitor analysis. The Boegoebaai Port, Infrastructure Development Project is situated approximately 60km north ofand Port Nolloth and 20km south of the border between Namibia and South Africa in the Richtersveld Local Municipality area. The figure below shows the position of Boegoebaai.
Project contacts
Person
Tel
Mobile
Dept of Transport,
Mr MP Dichaba
+ 27 53 839 1743
082 675 1933
Lntobela@ncpg.gov.za
Safety and Liaison Dept of Transport,
Mr P Mguza, Project
Safety and Liaison
Promoter
National Dept of
Mr Clement
+27 53 807 4812
079 694 3254
PMguza@ncpg.gov.za
+27 12 309 3408
083 679 9662
manyungc@dot.gov.za
Transport
Manyungwana
Transnet Ports
Mr H Nxumalo
+27 31 361 8821
083 299 7966
Hamilton.nxumalo@transnet.net
Mr P Maneza
+27 53 833 1010
082 889 3685
Info@manzholdings.co.za
Authority TM Nelutha Consultants
