President Cyril Ramaphosa was in the City where he visited the Newlyn PX Terminal and Tetra Pak Manufacturing Plant. These landmark inaugurations underscore the thriving business environment in the region.

PRESIDENT Cyril Ramaphosa’s unwavering dedication to fostering investment and business expansion in South Africa was evident as he proudly inaugurated the Newlyn PX Terminal and Tetra Pak Manufacturing Plant in Durban on 4 April. These landmark inaugurations underscore the thriving business environment in the region and signify substantial progress in the country’s ongoing investment initiatives, propelled by the momentum generated at the South African Investment Conference.

The unveiling of these state-of-the-art facilities not only represents a significant milestone in Durban’s economic landscape but also reaffirms the commitment of both entities to driving sustainable economic development. Through their participation in the South African Investment Conference, they have demonstrated a shared vision for growth and prosperity, aligning with President Ramaphosa’s ambitious agenda to stimulate economic activity and create employment
opportunities across the nation.

The Newlyn PX Terminal stands as a testament to the transformative power of strategic investment, exceeding expectations with its completion of the largest multi-modal rail terminal in Africa. This achievement highlights Durban’s pivotal role as a key logistics hub, bolstering its global competitiveness and positioning it as a premier destination for trade and commerce. Similarly, the Tetra Pak Manufacturing plant’s substantial investment underscores Durban’s attractiveness as a hub for innovation and industrial excellence, further enhancing the City’s reputation on the global stage.

President Ramaphosa’s presence at the inaugurations not only signifies government’s endorsement of these ventures but also underscores the administration’s commitment to facilitating an enabling environment for business growth and prosperity. As South Africa continues to navigate its economic recovery journey, investments of this magnitude serve as catalysts for sustained growth and job creation, driving progress towards a brighter and more prosperous future for all citizens.