The Coega Development Corporation has welcomed cabinet’s decision to issue Transnet Port Terminals with a permanent operating licence for operating the manganese terminal at the Port of Ngqura, situated on the east coast of South Africa.
The operating licence will support the upgrading of the South African railway network from the Northern Cape to the Port of Ngqura, adjacent to the Coega Industrial Development Zone (IDZ).
“The decision will strengthen Nelson Mandela Bay’s position as a prime location for investors, especially those with interests in mineral ores and processing plants beneficiating raw minerals for export and downstream manufacturing in the metro,” said CDC marketing and communications head, Dr Ayanda Vilakazi.
“The manganese container terminal has been one of the fundamental drivers for developing the Port of Ngqura and the Coega IDZ in the first instance. It will ensure bulk mineral storage and handling facilities at the Ngqura deep seawater port and beneficiation of minerals in the IDZ,” he added.
Vilakazi added that Coega and the Port of Ngqura projects were planned and designed as a national strategic growth node, promoting economic growth and development in the Eastern Cape through manganese.
‘Coega terminal operating licence strengthens investment prospects’
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