South Africa will invest 20.5 billion rand to impl

2022-07-27
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South Africa will invest 20.5 billion rand to implement a large-scale port expansion plan

South Africa will invest 20.5 billion rand to implement a large-scale port expansion plan

China Construction Machinery Information, South Africa will invest 20.5 billion rand (about US $2.93 billion) to implement a large-scale port expansion plan to improve the transport capacity of Durban port, Richards Bay Port, Port Elizabeth and other important ports. Moleiffe said that the South African port

brianmoleiffe, CEO of the South African Transport Union, said in a statement on the 16th that South Africa will invest 20.5 billion rand (about 2.93 billion US dollars) to implement a large-scale port expansion plan to improve the transport capacity of Durban port, richardbay port, Port Elizabeth and other important ports

moleiffe said that the South African port expansion plan with instigation devices includes the construction of new container terminals, new deep-water ports, additional large-scale ship berths, the construction of new large-scale ship repair plants and the improvement of port infrastructure. The South African port expansion focuses on Durban port and Richards Bay port

moleiffe said that Durban port is the largest container terminal in Africa, and Richard bay port is the largest coal terminal in the world. However, at present, the transportation capacity of the port can no longer meet the demand of rapid economic development for cargo transportation. Accelerating the upgrading of ports and promoting the development of South Africa's shipping industry is particularly important to accelerate the sustained and rapid development of South Africa's national economy

moleiffe said that South Africa has now become a major country in international maritime dry bulk cargo transportation and container transportation, and the transportation volume of iron ore, coal, automobiles, grains and other bulk goods has increased significantly

according to the data of the Ministry of transport of South Africa, by 2020, the coal transportation volume of richardbay port, which is not far from Durban port, is expected to rapidly increase from the current 80.3 million tons to 116 million tons, an increase of 44%. The port of Cape Town, which transports goods such as coal and fruit, is likely to increase its traffic by 40% in 2020

in addition to investing heavily in improving the port infrastructure and greatly improving the operation capacity, South Africa plans to invest another 3.5 billion rand (about US $500million) in five years to improve the railways and highways connected to major ports

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