An Saudi enterprise is studying the operating agreement of a station in the South African port

The company “Red Sea Gate Station”, which operates the ports in Saudi Arabia, which is supported by the 925 billion Saudi Sovereign Funds, is studying an offer to develop and operate a fresh produce in the largest sea center in Africa. The company, “Trance”, issued requests on Monday to make a job operator to build and manage a new station in ‘Maiden Warf’ in Derban Harbor. The franchise period will take 25 years, according to the company’s statement. “The international Red Sea gate station is an eager investor in South African ports, and the sectors involved,” said Gagan Sixaria, director of global investment at the ‘Red Sea Gate Station’, adding that the company is studying participation in the tender in collaboration with potential local partners. The project overlooking the east coast of South Africa spans an area of ​​approximately 145 hectares, and contains 15 wages, and its capacity is more than 7 million tonnes of good annually. South Africa’s participation in the private sector wants to improve private sector participation in the development of its ports, which has decreased with a negative impact on the performance of the economy. “Trance” works to attract special investments to revive its container stations, which are classified under the least efficient worldwide, according to the classifications of the World Bank and S&B Global Market Intelligence, “the classifications that doubt the company. Enrique Razon, to expand the largest in the size treatment of the Philippine billionaire, Enrique, to extend the largest contorer into the Philippine ally, and to manage the largest contorer in the Philippine alien -Saharan Africa, which is also located in a Port Derban. A major threat to one of the rare success stories in the shaky economy of South Africa. Sixaria added that the ‘Red Sea International Gate Station’ also evaluates many opportunities for concession and acquisition in other regions of Africa, with a special focus on multi -purpose stations related to mining and food trade.