A ZAR100 billion plan to expand the two major ports on South Africa’s east coast is set to go ahead.

Moneyweb reports that the board of the Transnet National Ports Authority has given the nod to the KwaZulu-Natal Logistics Hub programme, which will see the Port of Durban developed as an international container hub and Richards Bay positioned as a dry bulk port.

Durban’s container capacity will be increased from about 4.5 million to 11.4 million TEUs [twenty-foot equivalent units] and its automotive capacity will exceed 900 000 units.

The Richards Bay development will feature a new berth for handling liquefied natural gas to be used as an alternative energy source. In addition, some of the dry-bulk terminals and minerals-handling facilities at Durban’s Island View and Maydon Wharf precincts will be relocated to Richards Bay.

13 September 2022
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