President Ramaphosa to officially open new manufacturing entities

President Cyril Ramaphosa will on Thursday, 4 April 2024, officially open the Newlyn PX Terminal and the Tetra Pak Manufacturing plant, respectively, in Durban, KwaZulu Natal as part of his investment promotion drive.

These entities made pledges through the South African Investment Conference,an initiative led by President Ramaphosa with an ambitious goal of attracting R1.2 trillion in investments over five years.

The multi modal rail terminal in Bayhead next to the port of Durban pledged R2 billion for the development of the largest multi modal rail terminal in Africa and has completed the last phase of the development exceeding the initial pledge by R2.6 billion.

The entity has over the last 26 years demonstrated its commitment as well as significant financial, technical and human resource development in developing transformational logistics infrastructure along the country's major trade corridors.

The terminal has also been recognised as flagship development expanding the logistics capacity of the country as well as enhancing global competitiveness as part of the critical NATCOR trade corridor linking Johannesburg to the port of Durban.

The development will further facilitate an integrated ecosystem yielding benefits to freight owners, Transnet and logistics service providers. This will also accelerate government's objective of migrating of cargo from road to rail.

In 2022, the Tetra Pak Group invested more than R500 million in the manufacturing plant in KwaZulu-Natal. Tetra Pak is the world's leading food processing and packaging company with presence in more than 155 countries.

Post the investment, the manufacturing plant is now the only state-of-the-art facility in Africa producing carton asceptic packaging for the domestic market and Africa export; meeting standards of sustainability; supporting a circular economy and propelling industrial growth.

These investments will form a critical industrial base for South Africa's recent commencement of the African Continental Free Trade Area (AfCFTA), for export opportunities.

The Programme will unfold as follows:

PART 1

Time: 10h30 - 12h30
Venue: Newlyn PX Terminal, Bayhead, Durban

PART 2

Time: 14h00 - 16h00
Venue: Tetra Pak Manufacturing Plant, Pinetown, KwaZulu-Natal

MEDIA ACCREDITATION:

For Newlyn Terminal, details using the accreditation form should be send to Moliehi Molekoa on 082 751 0420/ [email protected] and Shadi Baloyi on 072 571 6415/[email protected]

For Tetrapak Manufacturing Plant, details using the accreditation form should be send to Tambudzai Jonhera 072 490 8501/[email protected] and Shadi Baloyi on 072 571 6415/[email protected]

MEDIA ACCREDITATION DEADLINE IS ON TUESDAY, 2 APRIL 2024, AT 13H00.
NO LATE SUBMISSIONS WILL BE ACCEPTED

Media enquiries: Vincent Magwenya, Spokesperson to the President - [email protected]

Issued by: The Presidency
Pretoria

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