Facelift for Durban harbour

27 March 2009 - 02:00
By unknown

Transnet has raised R4billion for the deepening and widening of the entrance channel to Durban's harbour. It announced yesterday that it has signed a 35billion yen loan agreement with the Japan Bank for International Cooperation, the international arm of the Japan Finance Corporation, as part of the funding of Transnet's R80billion capital investment programme. - Staff reporter

Transnet has raised R4billion for the deepening and widening of the entrance channel to Durban's harbour. It announced yesterday that it has signed a 35billion yen loan agreement with the Japan Bank for International Cooperation, the international arm of the Japan Finance Corporation, as part of the funding of Transnet's R80billion capital investment programme. - Staff reporter