All data is delayed
See More

Transnet gets Durban port go-ahead - report

Apr 16 2012 11:44
Durban - Durban International Airport is set to be dug out and converted into the city's second sea port following approval from the Competition Tribunal, the Mercury newspaper reported on Monday.

The tribunal has approved Transnet's R1.8bn purchase of the airport from the Airports Company SA.

Transnet plans to invest R100bn in the facility, which will have 16 container berths, five automotive berths and four liquid bulk berths.

Durban International Airport, situated south of the city, was decommissioned in May 2010 following the opening of King Shaka International Airport north of the city.


Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Comments have been closed for this article.

Company Snapshot

We're talking about:


With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

A 30% a month return on investment is:

Previous results · Suggest a vote