The Musina Intermodal Terminal (MIT) will be officially unveiled by the Minister of Trade and Industry, Dr Rob Davies, on Monday.
"Driven by key Southern African Development Community (SADC) and South African government strategies, the MIT – a high impact, multi-commodity and multi-customer facility – will enable more efficient transport solutions to lower logistics costs,” said a spokesperson.
The MIT is a partnership between the Promoters - Lionshare Holdings, a property developer, and MAC, a transport company - and Strategic Partners, Barloworld Logistics, a supply chain services and solutions provider, and Barberry Rail, a rail logistics management expert. Transnet Freight Rail (TFR) are actively supporting the terminal through providing competitively priced rail services.
Dr Morley Nkosi, MIT’s Chairman explained that the MIT was aligned with the strategic objectives of the recently designated Musina-Makhado Special Economic Zone, and would be transhipping a range of products/commodities at the MIT from one mode to another, specifically focusing on migrating cargos from road to rail for long distances, such as to export ports.
The facility has two bonded areas approved by the South African Revenue Service for products traversing the border into Zimbabwe. These bonded areas will provide benefits for mining ventures located in the Musina area that need to store mining equipment until it is required by the mining operation.
“The intermodal solution is cost competitive and produces lower carbon emissions than road transport. In addition, it offers companies the opportunity to claim tax rebates and results in reduced road damage and accidents, expedited border crossing and enhanced driver management as a result of the shorter road distances travelled,” Nkosi pointed out.
