FEATURE
Source: SAnews
Port projects to boost the economy
Transpor t Minister Fikile Mbalula during a recent visit to the Por t of Durban.
C
ritical investments
preneurs to develop and
a green light in respect of
national importance as it
in ports across
grow their businesses,”
a number of investments
responds to energy policy
the country are
said Transport Minister
in the ports, which will
and energy security of the
expected to boost the
Fikile Mbalula during a
deliver tangible economic
country,” he added. The
oceans economy as part of
recent visit to the Port of
dividends and place
value of project is esti-
Operation Phakisa.
Durban.
South Africa on a sustain-
mated at US$1.5 billion.
“These ground-breaking
The investments also
investments will also give
form part of the Economic
impetus to growing the
Reconstruction and Re-
oceans economy and the
covery Plan.
The Strategic Fuel Fund
Infrastructure development
will construct an onshore
In addition, Mnambithi
Minister.
liquid natural gas regasi-
Terminals will develop
Comprehensive Maritime
with [the] Minister of
fication facility at the Port
and operate a liquid bulk
Transport Policy, which
Public Enterprises and the
of Ngqura in the Eastern
terminal at the Maydon
seeks to create a nurtur-
Transnet National Ports
Cape.
Wharf 6 in the Port of
ing environment for entre-
Authority, we have given
implementation of the
30
“To date, working closely
able growth path,” said the
“This investment is of
Durban in KwaZulu-Natal.
Public Sector Manager • February 2022
