Transnet SOC Ltd (Transnet) today issued a Request for Qualification to commence the selection process for a partner in the establishment of a rolling stock leasing company (LeaseCo).
LeaseCo will drive the acquisition, management and leasing of rail rolling stock to domestic and regional markets.
The establishment of the LeaseCo is part of the rail reform programme, which seeks to enhance the competitiveness of the South African freight system by working to ensure competitive industry supply chains and crowding in 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.
LeaseCo aims to grow and diversify Transnet’s revenue through strategic partnerships with private sector partners by injecting capital while leveraging Transnet’s assets and technical capabilities. It will ensure that train operating companies have access to rolling stock, in line with efforts to revitalise the country’s rail network and unlock its potential to enhance competitiveness and support economic growth.
The RFQ submission period remains open until 4 July 2025. Shortlisted bidders from this process will proceed to the Request for Proposal (RFP) phase in August 2025.
Access the tender documents here: https://transnetetenders.azurewebsites.net/Home/TenderDetails?Id=92339
