A R9.65-billion private-public investment at Saldanha Bay, on South Africa's West Coast, aims at
improve the deep-water port's ability to service to offshort oil and gas industry, the Transnet
National Ports Authority announced on Monday.
South Africa estimates its "blue gold" could contribute as much as R177-
million to the economy by 2033. With two major port cities and its established
industrial development zones, the Eastern Cape is set to become the hub of this
maritime economic activity.
The Vehicles-Automotive Investment Scheme has been extended to include the makers
of medium and heavy commercial vehicles in a move aimed at growing and developing
the sector in South Africa.
Having already attracted almost R1-billion in investment, Dube TradePort is officially
open for business and is set to make the balmy KwaZulu-Natal province a global supply
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