Tag Archives | investment

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Brazil Approves US$27 Billion Port Package

Government expects nation’s exports to quadruple by 2030 Brazil’s Congress last week passed legislation that authorizes US$27 billion in investment to improve Brazil’s aging and congested ports. The government said it expects the nation’s exports to quadruple by 2030; its ports are operating at capacity. Under the plan, ports will be open to private investment […]

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Transnet launches ambitious investment plan

Transnet SOC Ltd announced that it expects to create up to 588 000 new job opportunities across the economy through its Market Demand Strategy (MDS), which will see the company spend R300 billion on capital projects over a seven-year period. The MDS is aimed at expanding South Africa’s rail, port and pipelines infrastructure, resulting in […]

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