CAPE TOWN - The Richards Bay Industrial Development Zone (RBIDZ) went on a charm offensive at the Mining Indaba held in Cape Town to woo local and international investors seeking export and import opportunities in KwaZulu-Natal province.
RBIDZ acting manager for business development and support, Mzamo Khuzwayo said while the hub was based in the rural heart of the province, being located near Richards Bay meant it had access to a well-established road, rail and ICT infrastructure network to transport goods.
"The port of Richards Bay is one of the deepest ports in South Africa, which means that it can handle larger vessels than other ports. This presents good opportunities for companies that need to import maybe some of their raw materials, or to export their final product," Khuzwayo told the African News Agency.
He noted that state logistics company Transnet had big expansion plans for the port, adding: "I'd like to see it as one of those ports that has a really big future potential, and as an investor you would want to be located as close as possible to it."
Khuzwayo said as part of efforts to attract investment, the RBIDZ planned to acquire the Bayside aluminium smelter which was shut down by BHP Billiton in 2014
"We are not necessarily looking at establishing a smelter there, but we are looking at using some of the buildings that exist in that complex to house companies that are going to be on the beneficiation space," he said.