Saldanha R3.5 billion port investment will contribute to economic recovery and growth

Saldanha Bay, Thursday, 6 May 2021 Today, delegates at the DEVAC INFRASFUTRE conference held in Cape Town were addressed by Ms Kaashifah Beukes, CEO, Saldanha Bay Industrial Development Zone Licencing Company SOC Ltd (SBIDZ-LC). Beukes, who was part of the discussion “Supporting African Infrastructure Projects toward Africa’s economic recovery plans in the mix of a pandemic”, spoke on “Port infrastructure development and Industrial Zones (IDZs) development”. The topic aimed to provide a better understanding of transformational growth strategies and how to identify growth opportunities.

A number of delegates have been invited to visit the Saldanha Bay IDZ on Friday to meet the Executive Management Team and tour the site.

The SBIDZ-LC is South Africa’s first and only Special Economic Zone (SEZ) located within a port and with a Freeport, or Customs Controlled Area regime. The port also happens to be the largest and deepest natural port in the southern hemisphere.

The SBIDZ complete Media Release can be read here.