Construction of the R3.5-billion Clairwood Logistics Park in Durban is set to start within the first quarter of 2016, following the official go-ahead from KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC Michael Mabuyakhulu.
According to media reports, the development will be erected 11.2 km from the existing container terminal entrance and 3.5 km from the site set aside for the proposed Durban dig-out port.
“The Clairwood Logistics Park will not only meet growing demand for A-grade logistics and distribution facilities in the south of Durban, but also improve the livelihoods of surrounding communities through job creation,” Nico Prinsloo, development manager for property investment company Fortress Income Fund, was quoted by property news site Eprop.co.za as saying. Prinsloo’s company has been contracted to develop the logistics park.
