Page 31 - Logistics News June 2016

news German
quality
KZN aerotropolis Service.
drives trade and
market growth Everytime,
Everywhere.
THE DEVELOPMENT of Africa’s first purpose-
built aerotropolis with Dube TradePort, home Johannesburg, Durban,
to King Shaka International Airport, as its East London & Cape Town
nucleus, is having a significant impact on
KwaZulu-Natal north coast property patterns Jungheinrich South Africa (Pty) Ltd
as the ease of access prompts investors to Tel: +27 (0)10 596 8460
acquire second homes in the region. New www.jungheinrich.co.za
flights originating to and from Durban formed
part of the larger implementation of the 29
economic and tourism development plans.
These include stimulating local manufacturing,
warehousing and logistics as new facilities
are established at Dube TradePort and the
Tongaat Hulett Developments at Cornubia and
RiverHorse Valley.

There was also an increase in property
buyers from Gauteng and abroad, particularly
given the rand’s value against international
currencies. Tongaat Hulett Developments
director Rory Wilkinson says one sound
example of the impact boosted economic
development on the north coast has had on
the property market was the sell-out of the
Sibaya-based Ocean Dunes within a relatively
short period. “All these factors count towards
adding value and increasing the demand for
property on the north coast,” Wilkinson says.

The comments come as King Shaka
International Airport experienced a watershed
year in 2015 that witnessed Durban’s network
boosted by four new airlines, namely Qatar
Airways, Turkish Airlines, Ethiopian Airlines
and Proflight Zambia, in addition to the daily
Emirates flights and regional services to
Harare, Maputo, and Mauritius.

June 2016 | Logistics News