Dube TradePort explained

Dube TradePort Corporation
Trade Name:Dube TradePort
Predecessors:-->
Successors:-->
Founded:2003
Founders:-->
Hq Location:Dube City
Hq Location City:La Mercy, KwaZulu Natal
Hq Location Country:South Africa
Areas Served:-->
Key People:Bridgette Gasa-Toboti (Chairperson)
Mr Hamish Erskine (CEO)
Services:Logistics
Revenue:R 588.294 Million
Revenue Year:2023
Operating Income:R 138.168 Million
Income Year:2023
Net Income:R 137.427 Million
Net Income Year:2023
Assets:R 5.388 Billion[1]
Assets Year:2023
Equity:R 188 Million
Equity Year:2023
Owners:-->
Num Employees:206
Num Employees Year:2023
Parent:KwaZulu-Natal Provincial Government

Dube Tradeport Corporation is a business entity of the KwaZulu-Natal Provincial government in South Africa that manages a 3,000ha infrastructure project called the Dube Tradeport Special Economic Zone set up to promote local and international trade. Located at the King Shaka International Airport, it is situated 30 minutes from Durban Harbour, 90 minutes from the Richards Bay Harbour, and has an international airport, a cargo terminal, warehousing, offices and an agricultural zone.

History

The Dube Tradeport Corporation is named after John Langalibalele Dube, who was an educator, clergyman, writer, newspaper editor and the founding president of the then South African Native National Congress, later the ANC.[2] In 2002, the South African government decided to invest in a new international airport outside Durban.[2] The following year saw the creation of the Dube Tradeport Company by the KwaZulu-Natal Provincial Government to develop a world-class aviation export facility.[2] 2005 saw the beginnings of a development master plan for the Dube Tradeport at the proposed airport.[2] In 2007, the iLembe Consortium were appointed to construct Dube Tradeport and the King Shaka International Airport.[2] In 2010, the Dube Cargo Terminal and King Shaka International Airport opened on schedule with the Dube Trade House opening later in the year.[2] The air-bridge from the cargo terminal opened in 2011 with the first produce at the AgriZone harvested and the corporation moved into its new headquarters onsite.[2]

Governance

The Dube Tradeport Corporation is managed by the Board Chairperson Bridgette Gasa-Toboti and its daily operations are managed by Chief Executive Officer Hamish Erskine. Erskine had been in the acting role from February 2015 and was officially appointed as CEO in September 2016.[3] The previous CEO, Saxen van Coller, had been fired in June 2015 when she failed to disclose previous criminal offences.[3]

Organisation

The Dube TradePort Corporation's business is divided amongst a number of entities:

King Shaka International Airport

See main article: King Shaka International Airport.

Dube Cargo Terminal

The cargo terminal currently has a capacity to handle 100,000 tons of cargo a year and has the capacity to increase to two million tons in the future.[4] Located next to King Shaka International Airport there is direct airside access to the cargo terminal.[4] It is open 24 hours as is the on-site regulatory services such as customs.[4] The cargo terminal connects Dube Trade Zones via overhead conveyor air-bridge allowing freight-forwarding community, logistics service providers, assemblers, distributors and manufacturers to based in that zone.[4] The facility also boasts 1 500 m2 of open cold storage area and specialised temperature controlled storage.[4] The cargo terminal has five main operators, Emirates Sky Cargo, SAA Cargo, Bid Air Cargo, SA Airlink and Africa Charter Airline.[5] It also operates Dube AiRoad, that operates air-to-road and road-to-air cargo to clients in South and Southern Africa.[6]

Dube TradeZone 1 And 2

The located inside the zone is the Dube TradeHouse housing freight forwarders and shippers connected by an overhead conveyor air-bridge via the Dube Cargo Terminal. Dube TradeZone 1 consists of 26ha and when TradeZone 2 opened in 2015 the area will increase by 51ha. Some of the tenants include Samsung Electronics, Rossi SA, Pilosio SA, Tufbag, Yangtze Optical Fibre & Cable and Amsted Reelin.[7] Dube TradeZone 3 is set aside for future development with 135ha available for development.[7] TradeZone 4 and TradeZone 5 are also being considered for future developments.[7] Some of the types of industry the trade port wishes to attract are one that use air cargo and includes light manufacturing, assembling, high-tech industries, automotive industries, clothing and textiles, cold storage, pharmaceutical and electronic manufacturing.[7]

The establishment of R150 million condom manufacturing facility was announced at the Dube Tradeport on 19 July 2016.[8] In a partnership between US-based HBM Group and SA Health, the new facility would have the capacity to produce 700 000 condoms per day for the local and export markets with 145 jobs created.[8] October 2016 saw the announcement of the construction of a biopharmaceutical plant costing R1.3 billion at the Dube Tradeport.[9] Signed in Goa, India between Cipla BioTec and the South African government, it will see a manufacturing plant producing biosimilars of affordable medicines for cancer and autoimmune diseases, to be sold in Africa and the world.[9] It will be fully operational in 2018 with between 300 and 480 jobs created.[9]

Dube City

This area of 12ha, with a future capacity of 24ha, contains office, retail and hospitality space for the zone. It is also home to the Dube Tradeport Corporation's headquarters called 29°South.[10] The city comprises eight blocks and consists of forty five individual serviced stands.[10]

Dube AgriZone

The facilities here provide for technical support for propagating, growing, packing and distributing perishables and horticultural products for export and also has the Dube AgriLab, a micro-propagation facility of high quality disease-free plants through sterile tissue culture.[11] It has the capacity to produce three million small plants in its 5,300 m2 plant.[11]

Dube iConnect

This entity supplies a dedicated IT and telecommunication network to the Tradeport and the external companies operating in the zone and offers a cloud service, regional data storage and disaster recovery.[12]

Notes and References

  1. Web site: Dube TradePort Annual Report 2022/23 . 31 March 2023 . Dube TradePort Corporation . 6 October 2023.
  2. Web site: Company Profile: History . 19 March 2017 . Dube TradePort.
  3. News: Dube TradePort appoints new CEO . Van Wyngaardt . Megan . 19 September 2016 . Engineering News . 19 March 2017.
  4. Web site: Overview. 19 March 2017 . Dube Cargo Terminal.
  5. Web site: Operators On-Site . 19 March 2017 . Dube Cargo Terminal.
  6. Web site: Dube AirRoad . 19 March 2017 . Dube Cargo Terminal.
  7. Web site: Opportunities . 19 March 2017 . Dube TradeZone.
  8. News: Construction of ZAR 150 million condom factory begins at Dube TradePort . Moeng . Bontle . 19 July 2016 . BizNis Africa . 19 March 2017.
  9. News: R1.3 billion pharmaceutical plant earmarked for Dube Tradeport . 19 October 2016 . The North Coast Courier . 19 March 2017.
  10. Web site: Opportunities . 19 March 2017 . Dube City.
  11. Web site: Dube AgriLab . 19 March 2017 . Dube AgriLab.
  12. Web site: Dube TradePort Annual Report 2015/16 . 31 March 2016 . Dube TradePort Corporation . 19 March 2017.