Maritime Infrastructure Spending in South Africa Exceeds $1.36 Billion, an Industrial Info Market Brief

Infrastructure development, together with economic growth, serve industrialization and modernization needs that require a substantial influx of investment capital. South Africa's government intends to commit at least R100 billion (US$6.7 billion) over the coming decade to leverage private-sector and development finance funding for well-planned capital projects. Industrial info in tracking $1.36 billion worth of marine cargo-handling projects in South Africa, with most of the investment planned in Kwazulu/Natal.