As the only port with a green status in the Southern African port system, Transnet National Ports Authority’s (TNPA) Port of Ngqura has now established itself as the ideal partner in bringing green energy to our nation. It has provided a safe gateway, temporary storage and an accessible distribution point for wind turbine components imported from Spain since 2012. These components – consisting of wind turbine tower parts, blades, etc. – are destined for various windfarm projects throughout the country. They include the Golden Valley Wind Farm, the Nxuba Wind…
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Durban secures billions in investment
DURBAN is entrenching itself on the international market as a city for investment, with more than R4 billion worth of greenfield investment and an additional R7.5 billion planned expansion on the cards. This is the result of the Invest Durban Unit, which is responsible for driving all investment promotion, foreign direct investment (FDI) facilitation and foreign investor aftercare in eThekwini. The investment is expected to create more than 500 new manufacturing and service jobs. In a report tabled at the Economic Development and Planning Committee meeting on 23 August, the…
Read MoreDurban demolishes derelict buildings to unlock new development
Malaysian-based UEM Sunrise is pumping new energy into the multi-billion-rand development at the entrance to SA’s busiest port. Suren Naidoo / 30 July 2019 13:31 Construction underway on the R300m extension of Durban’s beachfront promenade to the Point Waterfront development near the harbour entrance. Picture: Supplied Durban’s multi-billion rand Point Waterfront urban regeneration development, which stalled until a few years back, is set to benefit from the eThekwini Municipality’s moves to demolish derelict buildings around Mahatma Gandhi Road (old Point Road) – the main thoroughfare to the waterfront and harbour entrance. The…
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