South Africa's President Cyril Ramaphosa opens Newlyn PX Terminal and Tetra Pak plant in KwaZulu-Natal as part of R1.2 trillion investment drive.

South Africa's President Cyril Ramaphosa is set to open the Newlyn PX Terminal and Tetra Pak Manufacturing plant in KwaZulu-Natal as part of the nation's investment drive. These entities made pledges through the South African Investment Conference, aiming to attract R1.2 trillion ($63.66 billion) in investments over five years. The multi-modal rail terminal at Bayhead next to the port of Durban has completed its last phase of development, exceeding its initial pledge by R2.6 billion ($138.14 million).

April 02, 2024
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