Photograph : Brian Ingpen/ Maritimesa.org
Transnet National Ports Authority (TNPA) has appointed the Coega Development Corporation (CDC) as the implementation agent for the migration of the manganese ore terminal at the Port of Port Elizabeth to the Port of Ngqura Liquid Bulk and Manganese Export Terminal at Coega.
The current locations of the Petroleum Tank Farm and the Manganese Terminal in the PE Harbour are in areas that in future will be part of Phase 2 of the proposed Waterfront Development and an Automotive Terminal which is part of Ford’s R15.8 billion investment in South Africa.
The Automotive Terminal will allow for the exporting of Fully Built Automotive Units through the Port of Port Elizabeth from the Tshwane Special Economic Zone, which is currently under construction.
The CDC and TNPA said in a joint statement on Wednesday that these much-anticipated developments in the Nelson Mandela Bay Metro will contribute towards the facilitation of economic transformation through job creation and SMME development.
They will also add to South Africa’s strategic intent to position itself as a world-class investment destination.