Port And Rail Freight Soe Call To Set Up Rail Leasing Company

Transnet has called for a request for qualification RFQ from the private sector to start the process of selecting a partner to establish a rolling stock leasing company LeaseCo.

The state-owned company responsible for logistics announced on Tuesday that it had issued the RFQ, which would lead to the establishment of the leasing company as part of its rail reform programme, which aims to enhance the competitiveness of the freight system by incorporating private-sector investment.

Central to this reform is the separation of rail infrastructure management from operations, which aims to level the playing field for both public- and private-sector operators, Transnet said.

LeaseCo will drive the acquisition, management and leasing of rail rolling stock to domestic and regional markets.

The company will grow and diversify Transnets revenue through strategic partnerships with private-sector partners by injecting capital while leveraging Transnets assets and technical capabilities.

It will ensure that train operating companies have access to rolling stock, in line with efforts to revitalise the countrys rail network and unlock its potential to enhance competitiveness and support economic growth, Transnet said.

The RFQ submission period remains open until 4 July 2025. Shortlisted bidders from this process will proceed to the request for proposal phase in August 2025. The RFQ documents can be accessed from the Transnet e-tender portal here .