Investor and developer NT55 Investments believes the Distribution Junxion development – a proposed inland port and railway park in Gauteng – will transform the country’s rail and transport logistics landscape through its highly economical logistics supply chain performance and the considerable cost savings it will engender.
NT55 Investments director Francois Nortje told the media during a briefing on Tuesday that the company owns considerable portions of the land on which the proposed development will be built. This includes 107 ha on the railway line, 80 ha along the N3 highway, about 20 ha along Barry Marais road and a further 60 ha that has been earmarked for future development.
The company’s intention is to develop this property into “the most significant inland logistics and distribution hub in Southern Africa”, he said.
The overall cost of the development is estimated at about R10-billion, Nortje indicated, adding the development would be undertaken in phases.
