Cape Town Port ranks as worst performer globally
(Media Release: Issued and provided by the City of Cape Town)
The Port of Cape Town has been identified in the newly published World Bank Container Port Performance Index 2023 as the worst-performing port in the world.
This ranking highlights the pressing need for substantial reforms and immediate action.
The City of Cape Town has consistently advocated for the inclusion of private sector investment and participation in port management and logistics. Transnet must keep the privatisation ball rolling on its April announcement to seek bids for the development and maintenance of a liquid bulk terminal.
The inefficiencies at our port not only impede the flow of goods but also significantly hamper our economic growth. The port is a crucial nexus for the products and services of the private sector, and its performance directly impacts our economy.
Read the full press release on Cape Town Port ranking the worst in the world here.