V&A Waterfront outlines vision for revamped cruise-liner terminal

The V&A Waterfront, which has been awarded the right to finance, design, build and operate, for 20 years, the Cape Town cruise-liner terminal, expects the redevelopment of the terminal to be completed by December 2017. The terminal upgrade makes up the first phase of a larger three-phase site revamp, which is expected to cost R178-million. Following a competitive process, the company, owned by Growthpoint and the Government Employee Pension Fund, was selected by Transnet National Ports Authority as the preferred bidder to upgrade the facility, located at the Port of Cape Town’s E berth, Duncan Dock, where liners of up to 225 m in length can be accommodated.