Transnet National Ports Authority Chief Executive‚ Richard Vallihu has recently announced that the Durban Cruise Terminal in South Africa is set to undergo an estimated R2 billion upgrade having selected the MSA Cruises SA and Africa Armada Consortium as preferred bidder. The consortium will be responsible for the design‚ financing‚ construction‚ operation‚ maintenance and transfer of a Cruise Terminal Facility for a 25 year concession period in the Durban port. This new international facility will expose visitors to the wide variety of tourism experiences offered by the province. The objective of Transnet Port Authority is to offer new and modern cruise terminals that will provide gateways to unique South African experiences that will be working closely with municipalities‚ provinces and the tourism sector. The project is anticipated to commence in the last quarter of 2017 post financial close. The project is anticipated to be completed in 2 years.