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.

Cosatu calls on government to urgently fix SOEs to alleviate jobs crisis

Africa
Employment

Union urges government to step up customs duty collections to grow revenue.

30 Mar 2022
0 Comments

One killed in tanker fire, injured man jumps overboard

International

Thai officials have launched an investigation into the fire aboard the tanker.

30 Mar 2022
0 Comments

Floating hospital takes to the seas

Equipped with six operating theatres and hospital beds for 200 patients.

30 Mar 2022
0 Comments

Outa appeals for licence extensions for one million motorists

Civil disobedience campaign may be way forward.

30 Mar 2022
0 Comments

PwC forecasts ‘murkier’ economic outlook for SA

Economy

Eskom’s load-shedding and global conditions are hampering growth.

29 Mar 2022
0 Comments

Food milestone for Africa

Africa

First special agricultural industrial zone launched in Mozambique.

29 Mar 2022
0 Comments

Ukraine war cuts global growth prospects by 1%

Economy
International

Developing economies will face severe growth constraints.

29 Mar 2022
0 Comments

Shipping industry triples profits in 2021

Sea Freight

Carriers made an operating profit of over US$110 billion.

29 Mar 2022
0 Comments

Competition Commission probes fresh produce value chain

Inquiry will cover sale of farm produce to retailers, processors, and exporters.

29 Mar 2022
0 Comments

Transnet removes BEE criteria from tender documents, for now

BEE

B-BBEE level and 30% subcontracting rules dropped.

28 Mar 2022
0 Comments

SA attracts R332 billion in new investment

Ford Motor Company commits R16.4 billion to expand manufacturing.

28 Mar 2022
0 Comments

Sanral upgrade to Gwaing River Bridge on track

Project within budget despite delays.

28 Mar 2022
0 Comments
  • More

FeatureClick to view

Road & Rail 27 June 2025

Border Beat

Forum tightens net against border corruption
25 Jun 2025
Police clamp down on cross-border crime
17 Jun 2025
Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
More

Poll

Has South Africa's ports turned the corner?

Featured Jobs

New

Multimodal Controller DBN (OR Strong in Sea Imports FCL/LCL/Breakbulk and willing to learn other modes)

Tiger Recruitment
DBN North
26 Jun
New

Commercial Manager

Lee Botti & Associates
Durban
25 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us