Dube TradePort's expansion targets R18 billion in new investment
Category Newsletter
Dube TradePort's expansion targets R18 billion in new investment
Dube TradePort Special Economic Zones has begun building the foundation to its TradeZone 2 light industrial development, which is going to be the centrepiece of its drive to attract R18 Billion of new investment over the next five years. Since opening its doors in 2010, Dube Trade Port has created thousands of jobs and the target of R18bn investment, unveiled last month, will bring additional 45 hectares of prime light industrial land to within the port. This is excellent news for KwaZulu-Natal as it is experiencing an exceptional influx of investments, which are dramatically changing the economic landscape of the province and is great news for the property market.
The demand for a coastal lifestyle is ever increasing in KZN. A substantial variety of property can be bought at a wide spectrum of prices, either sectional title, free standing or estate living. There is also considerably less traffic congestion, making the North Coast ever more popular. The close proximity of King Shaka Airport means that commuting from and to Johannesburg is convenient and quick. Kwazulu-Natal's North Coast is establishing itself as a prominent retirement hub, as developers are positioning it as South Africa's 'Florida'. With the shortage of retirement lifestyle communities in SA, developers have responded by creating these properties along the North Coast.
Author: Prime Property Marketing
