The US$1.2 billion investment is being spearheaded by DP World and construction on the project started in December 2024.
The initiative forms part of a wider government strategy to bolster local economies.
In May, the Dube TradePort Corporation opened the second phase of its aeropark.
The bank’s programme seeks to enhance energy security and enhance freight transport.
Over 2.3 million TEU of new container capacity has been produced in China during 2025 so far.
The energy regulator has approved the company’s application for additional diesel storage tank capacity at the Port of Richards Bay.
The MSC Rifaya is 400 metres in length and has capacity of 19 466 TEUs.
Red meat industry sets up virtual tracking and mapping of foot-and-mouth disease to stem continued spread.
The company has design and manufacturing facilities in Italy, Germany and Australia.
422 000 local jobs currently depend on exports to jurisdictions with active or incoming CBAMs.