Transnet plans R50bn Durban expansion
Cape Town - Transnet aims to forge ahead with plans to develop the site of the old Durban airport into a maritime container port at an initial cost of R50bn, its CEO Brian Molefe told Parliament's Portfolio Committee on Public Enterprises on Tuesday.
According to Molefe's presentation, the old Durban airport site would be dug out and eventually equipped with 16 container berths, five automotive berths and four bulk liquid berths.
The first phase of the development would create four container berths creating capacity for 2.4 million containers, while Molefe said the ultimate capacity would be 9.6 million containers.
Durban International Airport, situated on 620 hectares of land south of the city, closed at the end of April 2010 when King Shaka International Airport opened on the north coast ahead of the Fifa World Cup.