The Port of Durban will be partly owned and operated by the Philippines’ 🇵🇭 International Container Terminal Services Inc, a first for South Africa’s national ports company.

The Port, located in South Africa, is the largest port in Africa and the ninth largest in the world 🌍 . It is a major hub for trade and commerce in the region, handling over 60 million tons of cargo annually.

The South African 🇿🇦 government has been looking to privatize the port for some time. In 2018, the government announced plans to partially privatize the port, with the intention of improving efficiency and increasing revenue.