aBr MOVE October 2014 Oct 2014 | Page 55

Ports, Rail and Trade Zones “We expect planning for phase two to be finalised by 2015. Together, both phases are likely to see several billion in investment. South Korean industrial giant Samsung is one the major companies to invest in the zone. Hamish Erskine, Dube TradePort’s TradeZone executive, says phase two would be double the size of the first phase and together the zone would be 77ha in extent. “Phase one is virtually accounted for and represents a mix of logistics and manufacturing industries. Phase two will also have logistics to support the growth of Dube TradePort’s cargo terminal, but would focus on more high value manufacturing such as electronics. There is already huge demand for industrial space in phase two from private sector companies, which has brought the development of the phase forward by as much as a year,” he says. Lionel October, director general of the dti says Dube TradePort would develop faster as a new SEZ. This was because a lot of the work had already been done when the government established it as one of the major catalytic developments to boost the provincial economy.