Transnet is a transport and logistics company, wholly owned by the Government of South Africa. With approximately 57,000 employees and assets in excess of ZAR 182 billion, Transnet is uniquely positioned to provide integrated, seamless transport solutions for its customers in the bulk and manufacturing sectors as part of its drive to improve the efficiency and competitiveness of the South African economy. Transnet recently launched the Market Demand Strategy (MDS), which will see it investing over ZAR 300 billion during the next seven years to revitalize and extend its infrastructure (upgrading port capacity and infrastructure, building a new pipeline and buying thousands of new locomotives) and address an investment backlog, especially at its rail freight division. Transnet is made up of the following operating divisions: Transnet Freight Rail; Transnet National Ports Authority; Transnet Port Terminals; Transnet Pipelines; and Transnet Rail Engineering. Transnet Capital Projects, Transnet Foundation and Transnet Property are specialist unit.