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Focus on localisation is key to growing shipbuilding industry
27 September 2024 – 05:00
by Michelle Gumede
As Transnet National Ports Authority (TNPA) charges ahead to implement several urgent interventions to address backlogs at the Durban port and ease congestion at Richards Bay to reduce the effect on the SA economy, the local arm of the family-owned Dutch defence, shipbuilding, and engineering conglomerate Damen Shipyards Cape Town (DSCT) says SA’s maritime industry has great potential, with the biggest customers in the government sector.
Business Day spoke with DSCT group directors Sefale Montsi and Jos Govaarts, who said consolidated investment in the country’s nautical industry — which has a strategic geographic positioning — would develop a sustainable shipbuilding business in SA that leverages local resources, goods and services on an ongoing basis, resulting in a positive ripple effect…
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