Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • 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.

Initiatives to boost Western Cape exports

Africa
Economy
Imports and Exports
Logistics

An in-depth export strategy has given the province the ability to identify opportunities.

05 Jul 2022
0 Comments

Jordan port workers protest after 13 killed in chlorine gas explosion

International
Other
Sea Freight

The government is investigating the cause of the devastating port accident.

05 Jul 2022
0 Comments

Freight rate lowered to support French households

Economy
International
Sea Freight

€500 reduction in rates planned.

05 Jul 2022
0 Comments

Rail agreement removes 200 trucks a week from roads

Africa
Logistics
Road/Rail Freight

Chrome cargo will now be transported more rapidly by rail to the Port of Maputo. 

04 Jul 2022
0 Comments

Partial privatisation key to improve Port of Cape Town efficiency

Africa
Economy
Other
Sea Freight

The city plans to raise its concerns about the lack of investment in the port and to discuss partial privatisation.

04 Jul 2022
0 Comments

Rolling blackouts, surging fuel prices hammer SA economy

Africa
Employment
Other

Businesses are battling to keep generators running due to the rising cost of diesel.

04 Jul 2022
0 Comments

Cape Town port ramps up capacity

Africa
Road/Rail Freight
Sea Freight

Interim truck staging area that can hold up to 110 trucks opens.

04 Jul 2022
0 Comments

Tropical Storm Chaba claims cargo ship

International
Other
Sea Freight

Dozens missing, feared dead, after ship sinks.

04 Jul 2022
0 Comments

Major canning factory looks for ways to stay open

Africa
Employment
Other

Hopes high for a new buyer to come forward.

04 Jul 2022
0 Comments

Makolo to serve as new IATA chair

Africa
Air Freight
Other
People

First woman Chair of Iata’s Board of Governors.

04 Jul 2022
0 Comments

Ukrainian war to impact rand volatility for months to come

Africa
Economy
International

Apart from domestic factors like load-shedding, the war in Ukraine is continuing to have a key impact on the rand’s value.

01 Jul 2022
0 Comments

Transnet finalises Durban port and Richards Bay expansion plans

Africa
Sea Freight

The port master plan will relocate Salisbury Island naval base and boost container capacity to 11.4 million TEUs.

01 Jul 2022
0 Comments
  • More

FeatureClick to view

West Africa 13 June 2025

Border Beat

Police clamp down on cross-border crime
Today 13:45
Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
Cross-border payments remain a hurdle – Masondo
30 May 2025
More

Poll

Has South Africa's ports turned the corner?

Featured Jobs

New

Customs Manager

Tiger Recruitment
East Rand
17 Jun
New

Export Co -Ordinator

Lee Botti & Associates
Cape Town
17 Jun
New

Pricing Specialist

CANEI
South Africa (Remote)
17 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us