Durban port offers key opportunities
DURBAN, KWAZULU-NATAL PROVINCE
The province has two major ports in Durban and Richard’s Bay and an international airport in Durban. Economic activities in KwaZulu-Natal are mainly centered in the Durban/eThekwini metropole and Pietermaritzburg, with significant contributions in the Richard’s Bay/Empangeni area, the Ladysmith/Ezakheni area, the Newcastle/Madadeni regions as well as the KwaZulu-Natal South Coast regions. KwaZulu-Natal is second only to the province of Gauteng in terms of percentage contribution to South Africa’s GDP.
Kwazulu-Natal's emergence as the focal point of industrial development in sub-Saharan Africa is attributed to the unmatched natural resources and well developed first-world infrastructure.
One of nine provinces of South Africa, KwaZulu-Natal stretches over some 92 180 square kilometres on the southeastern seaboard of the African sub-continent, covering 7,6% of the total geographic area of South Africa. In the north it is bounded
by Mozambique, Swaziland and the province of Mpumalanga, in the west by Lesotho and the province of the Free State, in the south by the Eastern Cape province and in the east by the Indian Ocean. Considerable developments are taking place in Richards Bay and at the Waterfront in Durban.
A study by Brussels - based international investment advisers examined the competitiveness of KwaZulu-Natal as an investment destination, using a matrix of social and economic factors. It found that KwaZulu-Natal is a competitive region for foreign investment, particularly in relation to re-export opportunities through the Port of Durban.
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