The Airports Company of SA (Acsa) has projected expenditure of R2,7bn for infrastructure improvement and expansion for the period 2002-2007, Acting Transport Minister Jeff Radebe said yesterday.
Critics of the plan say it is a gamble and would remain a colossal white elephant, an argument that angers Alec Erwin.
THE cost of building a deepwater port at Coega near Port Elizabeth is rising steadily as the rand depreciates against the dollar,with Portnet now estimating a first-phase cost of up to R2,7bn against R1,65bn expected last year.
Durban Portnet has unveiled plans for a R1,34bn upgrade of Durban's container-handling facilities, which will also consolidate the harbour's general cargo-handling capacity.
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