06 CATO RIDGE DRY PORT WWW.RBIDZ.CO.ZA LOCATION ETHEKWINI METRO ECONOMIC SECTOR Transportation, logistics and supply chain and infrastructure. DESCRIPTION AND BACKGROUND The project aims to develop a Strategic Dry Port in Cato Ridge as a Back of Port facility that seeks to decongest the Durban port and CBD thereby creating additional capacity for the port. The facility will be an integrated logistic hub with associated value-added services. This includes the development of the following four (4) catalytic core projects: A. TRUCK STOP AND STAGING • Mega Truck Stop and Staging with various amenities, such as overnight facility, 700 to 1,000 truck parking bays, fuel station, convenience stores, driver’s wellness centre, pharmacy truck and tyre repair facilities. This will allow for the co-ordination of traffic and an eradication of congestion. B. INLAND PORT / INTERMODAL TERMINAL • Short-term: Upgrade of the current Cato Ridge Transnet Interim Terminal (CATCON) and extend its through put to 30 000 TEUs p.a. • Medium-term: Development of a 20 Hectare site for an Interim Intermodal Terminal, Truck Staging and Container 28
Freight Station with Warehousing to have a throughput capacity of approx 110 000 TEUs p.a. • Long-term: At full development with envisaged maximum container annual throughput capacity of appox 1 000 000 TEUs. C.LOGISTICS AND INDUSTRIAL PARKS • Warehouse facility for added container services such as stuffing and destuffing. The Industrial Park will house various manufacturing facilities. D.TANKS FARM AND PIPELINE • Develop a Petroleum Product Storage with an estimated annual throughput capacity of 3,168,000 million litres. TOTAL INVESTMENT VALUE R20 BILLION (,4 BILLION) JOBS CREATION • Temporary Jobs: 5000 • Permanent Jobs: 6000 Completed • Cato Ridge Inland Port/Intermodal Terminal and Truck Staging (CRIT) - feasibility underway • Logistics Park and Industrial – In progress • The project master plan (inclusive of proposed road network) has been completed FINANCED BY • Project is still at Prefeasibility stage which is partly financed by the IDC. • The project developers are still sourcing Project Funding for the Tank Farm studies • Project seeking equity partners with funding. PARTNERSHIPS • Transnet • Industrial Development Corporation • AmaXimba Development Trust (Pty) Ltd • Provincial Government • eThekweni Metro PROJECT STATUS • The project is currently at Prefeasibility stage; however, the Interim Intermodal Feasibility phase’s financial model and business plan are 95% complete with construction scheduled for this phase of the project to start in 2020. • Tank Farm Prefeasibility Study - 29
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