Press release
South Africa's Logistics Market Hits $30 Bn in 2021: A Look at the Role of Road, Sea, and Air Infrastructure and Upcoming SEZ Developments, and What's Next? - Ken Research
Logistics Industry in South Africa is expected to have robust growth with 22 international airports and 15 highways with upcoming SEZ Developments, says a report by Ken Research.1. The Importance of South Africa's Extensive Road Network: Supporting 89% of the Country's Freight Transportation Needs.
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SADC has put forth a plan for 72 transportation and road infrastructure projects to be completed in the next 25 years. These projects include the toll road from Dar‐es‐Salaam to Chalinze, the Kazungula Bridge, the upgrading of the Nata-Kazungula Road, the upgrading of the Beitbridge-Chirundu Road, the Tete Toll Bridge, and the Western Corridor Road in Zambia. Additionally, the South African National Roads Agency (Sanral) is currently in the process of upgrading the N3 highway that connects Durban and Johannesburg. Among these projects, the Durban-Gauteng Road Corridor is a significant one that aims to enhance the export and import facilities of Durban.
2. Exploring South Africa's 22 International Airports: Connecting the Top Five Busiest Air Cargo Routes of UAE, UK, Kenya, Qatar, and Germany.
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South Africa boasts a total of 22 International Airports, among which the primary one is located in Johannesburg, known as the O.R Tambo International Airport. This airport serves as a hub for the country's busiest air cargo routes with countries such as UAE, UK, Kenya, Qatar, and Germany.
In the year 2021, the O.R Tambo Airport managed to secure the third position in terms of cargo volumes among all African airports. This was achieved by the transit of a staggering 304,018 tons of cargo.
Looking ahead to 2023, South Africa will launch its own cargo airline, Suid Cargo, which will be based in the O.R Tambo Airport. The airline will be 75% owned by local investors, with the remaining 25% owned by Astral.
To Know South Africa Development Strategies for Logistics Development
3. The Port of Cape Town: Africa's Largest Refrigerated Container Facility and South Africa's Prominent Role in Global Maritime Trade.
To Know About Trends and Developments in South Africa Logistics Market
4. Revving Up Economic Growth: South Africa's Special Economic Zones (SEZ) Set to Boost Trade and Attract Foreign Investment.
To Know SWOT Analysis for south Africa Logistics and Warehousing Industry
For more insights on the market intelligence, refer to the link below:-
https://www.kenresearch.com/industry-reports/south-africa-logistics-market-industry
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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
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