The 3,25km International Trade Avenue that was opened at the Dube TradePort this week marks an important milestone in the implementation of the Industrial Development Zone’s industrial strategy over the next 20 years.
Opened by MEC for Economic Development, Tourism and Environmental Affairs, Michael Mabuyakhulu, the International Trade Avenue enables the next phases of Dube TradeZone developments to come on-stream by opening up new land parcels in Dube TradeZone 2 and 3 for investment. It will open p 120 hectares of land for investment.
Building the dual carriage way cost R200 with SMMEs awarded R10 million in contracts. During the 34 month construction phase, 440 jobs were created.
At the launch, Dube TradePort Chairperson, Bridgette Gasa, said: “This is a full dual carriageway. It was developed in line with Dube TradePort’s 50 year master plan, catering for all long term requirements including rail and public transport as well as the future aircraft cross taxiway. The road will provide the major northern spine of the Dube TradePort SEZ development and will unlock TradeZone phases 2 and 3 which total 120 hectares, which is expected to accommodate in excess of R10 billion investment. In keeping with sustainable development the road design and construction ensured that highly sensitive areas of wetland were preserved and has been incorporated in the eThekwini’s Municipalities Northern Urban Development Corridor.”
To date investments in the DubeTrade Port have exceed R1-billion.