Medway Road Expansion Hailed by the Captains of Industry
The cutting of a ribbon recently by the KwaZulu-Natal, MEC for Economic Development, Tourism and Environmental Affairs, Sihle Zikalala officially marked the opening of Medway Road in Richards Bay.
The road expansion has been described by the captains of industry as a major boost for further development in Umhlathuze and the District as a whole. Medway Road is the side road joining from John Ross Parkway connecting RBIDZ Phase 1A to the entrance of Transnet’s eastern gate, which is the deep-water port in Africa.
Speaking on the day, MEC Zikalala pointed out: “I am here to personally salute all role-players who have been involved in this important project. Apart from strengthening our status as South Africa’s transport and logistics hub, the importance of Medway Road lies in the fact that KwaZulu-Natal Provincial Government has a vision of ensuring that this province acts as a Gateway to Africa and the World. There is no shadow of doubt that the Medway Road expansion will help to ensure that we achieve our vision.”
It is interesting to note that Medway Road (which is owned by the City) connects the John Ross Parkway (which is owned by the Province) to the RBIDZ (a company owned by the Province) and the Port (which is owned by Transnet (a national business entity)). This is exemplary of excellent intergovernmental cooperation and unity amongst all role players to display and join all efforts to bridge the economic divide.
The Richards Bay Industrial Development Zone acknowledges the role of transport in driving socio-economic development. It is for this reason that RBIDZ deemed it fit to invest in transport infrastructure in order to facilitate domestic and international trade.
The R53-million investment in Medway Road will ensure an efficient transport system that does not only facilitate the movement of goods and services but will increase production and reduce the cost of doing business in the Zone.
“Throughout the year, we have been aggressively marketing RBIDZ in national and international platforms through conferences, seminars and exhibitions”. The fact that the Zone is earmarked as the site for energy infrastructure has generated a great deal of interest, judging by enquires received from international and potential investors and role players in the energy space”.
The announcement of a R4.5-billion investment by Nyanza Light Metals ahead of the World Economic Forum on Africa boasted confidence in the Zone and put the entire City of Umhlathuze firmly on the world map. Therefore, the launch of Medway Road has not only further increased business confidence in the Zone but has opened up new opportunities for the transport and logistics sector.