DurbanÃ¢â‚¬™s $900 million King Shaka nearly ready
With less than a month to go, developers of South AfricaÃ¢â‚¬™s ZAR 6.7 billion (US$914 million) greenfield King Shaka International Airport outside Durban, insist that the project will be ready for Ã¢â‚¬ËœtakeoffÃ¢â‚¬™ on 1 May in time for the World Cup kick-off in June. Branded the second-largest infrastructural project in the country, as well as […]
April 1, 2010
Branded the second-largest infrastructural project in the country, as well as boasting an airfreight cargo facility that is the first of its kind for Africa, South AfricaÃ¢â‚¬™s third international airport is being pitched as an engine for economic growth and development for the next 30 years, that will actively promote resort development and tourism, as well as stimulating passenger and cargo growth.
In particular the airportÃ¢â‚¬™s promoters are betting on the perishables sector and other low-weight, high-value manufacturing activities, with a view to stimulating greater international passenger and cargo demand.
A key aspect of the airport development is the new state-of-the-art 15,800m2 cargo terminal which has the long-term capacity to handle up to two million tonnes of cargo a year. A free trade zone, will be linked to the new airportÃ¢â‚¬™s airfreight component, which is expected to support and generate new investment in the airfreight-related businesses and associated services.
The cargo facility is also expected to attract industries such as automotive components, electronics, clothing and textiles, perishables and value-added logistics.