Mayor welcomes Transnet’s R3.4-billion investment at Cape Town Port Terminal [SOUND]

# Cape Town Mayor Geordin Hill-Lewis says the metro is optimistic of an economic boost from improved Port of Cape Town operations. Transnet has invested 3.4-billion-rand in the Cape Town Container Terminal. The entity has acquired a fleet of brand-new rubber-tyred gantries, which are said to reduce backlogs and improve the terminals’ efficiency. Hill-Lewis says the continued investment in port upgrades is critical: