The Newlyn PX Bayhead Rail Terminal

Objective

“Upgrading local port infrastructure is critical to the success of the Africa Continental Free Trade Area (AfCFTA), and this new terminal will facilitate the swift movement of goods from South Africa to the continent and beyond,” South African President Ramaphosa

Description

The terminal comprises seven separate warehousing units (PX 1-7). Four of these have been leased on a long lease to C Steinweg Bridge, and three units have been leased to Access World, while the land has been leased from Transnet. The development comprises some 640 000 square metres, including 350 486sqm under cover and 267 865sqm of yard, rail siding and other infrastructure, making it one of the largest multimodal rail terminals in the Southern Hemisphere.

Finance