Durban, South Africa – In a significant move expected to bolster KwaZulu-Natal’s economic landscape, the Mediterranean Shipping Company SA (MSC) has announced a R350 million investment in a cutting-edge cold storage facility located in Cator Manor, Chesterville, Durban. This development marks a pivotal moment for the province, with implications for economic growth and employment opportunities.

The unveiling ceremony, held on Thursday night, 07/03/2024, was attended by KwaZulu-Natal Premier, Nomusa Dube-Ncube, who commended MSC’s investment as a testament to the region’s economic potential. Premier Dube-Ncube emphasized the collaborative efforts between government and the private sector, highlighting the role of such partnerships in driving meaningful progress.

MSC South Africa’s Chairperson, Captain Salvatore Sarno, reiterated the significance of the facility in bolstering the reliability of the supply chain for temperature-sensitive goods and facilitating international trade. Sarno emphasized the company’s commitment to job creation and economic advancement, underscoring the investment as a strategic move to enhance value-added services for customers while contributing to local economic development.

The state-of-the-art cold storage facility, capable of accommodating 10,000 pallets, is poised to meet the growing demand in the cold logistics sector while ensuring optimal preservation standards for perishable commodities in transit. MSC’s investment signifies not only confidence in KwaZulu-Natal’s economic trajectory but also a dedication to fostering sustainable growth and prosperity in the region.

Source: MSC

Images: KZN Provincial Gov.