Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Domestic

Construction started on new Gauteng ‘city’

08 Jan 2015 - by Sapa
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Construction has started on a new Chinese-financed R84 billion city in Modderfontein, Gauteng, The Star reported on Thursday.



Work on the first set of 300 residential units and some of the roads was reportedly already under way.

Chinese firm, Shanghai Zendai, acquired 1 600 hectares of land in Modderfontein in 2013 to build the city.



Zendai South Africa chief operating officer, Du Wendui, said the development was a 10-15 year project, and there would be scepticism about its success, based on artists' impression of it as the new Manhattan of Africa.



"The project will be market driven, and depending on what our clients or developers want, the sky is the limit. Twenty years ago, nobody would have imagined that Sandton would look like it does today with its multiple skyscrapers," he was quoted as saying.



Plans for the city include a central business district, churches, a library, hospital and medical facilities, a sports and international conference centre, schools and low-cost housing, among others.



Zendai's chairman Dai Zhikang said in 2013 that the project would transform the property into a "New York of Africa".

"It will become the future capital for the whole of Africa," he said.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

New Angola airport gets going after 26 years

Africa

Phase one is for cargo handling, mainly for exporting perishable products.

13 Nov 2023
0 Comments

Fruit industry collaborates with Port of Cape Town ahead of busy season

Imports and Exports

Weekly meetings being held to exchange information on expected fruit flows and the status of port operations.

10 Nov 2023
0 Comments

Eskom’s R830m battery system to cut load-shedding

Domestic

The bank of 120 batteries is the first to be rolled out to ensure the power utility has the capacity to store renewable energy.

10 Nov 2023
0 Comments

Big fuel price drop may be on the cards

Logistics

Central Energy Fund data shows that the price of diesel could drop markedly in December.

10 Nov 2023
0 Comments

SA to export first hybrid Ranger model from Silverton plant

Africa

Europe, Australia and New Zealand will be export markets.

10 Nov 2023
0 Comments

Repairs in Richards Bay expected to improve rail loads – Transnet

Imports and Exports
10 Nov 2023
0 Comments

Nigeria and Algeria agree to direct air route

Africa

Nigeria has had a bilateral air service agreement with Algeria for decades, but the two countries have not taken advantage of it.

10 Nov 2023
0 Comments

US security alert for visitors to Uganda

Africa

Increased terror threat prompts the ambassador to issue warning.

10 Nov 2023
0 Comments

Expected nearshoring fails to materialise

Imports and Exports

Intra-Europe container volumes, as a share of total European container imports, have been gradually declining since the height of the pandemic.

10 Nov 2023
0 Comments

Reservists to help ease Richards Bay road chaos

Africa

Council to seek legal remedy to compel certain actions on parties involved in the chaos.

09 Nov 2023
0 Comments

Poultry importers on the ropes – AMIE executive

Imports and Exports

Price increases are causing many consumers in the mass market to change eating habits to cheaper alternatives.

09 Nov 2023
0 Comments

Strides made in recouping State Capture losses, says Ramaphosa

Domestic

The government has frozen assets valued at R14 billion and raked in R4.9 billion in unpaid taxes.

09 Nov 2023
0 Comments
  • More

FeatureClick to view

The Cape 16 May 2025

Border Beat

The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
More

Featured Jobs

Seafreight Export Controller

Tiger Recruitment
Cape Town
15 May

Import Manager (NVOCC)

Switch Recruit
Eastrand
15 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us