R271 million Refinery interchange project set to boost future economy

  • 📰 CapeTownEtc
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

As part of the long-term development of the N7 corridor and Cape Town's greater integrated transport network plan, the multimillion roads infrastructure project set to unlock multiple future economic opportunities is well underway:

On Tuesday, 23 May, the Western Cape Provincial Minister of Infrastructure Tertuis Simmers visited this multimillion roads infrastructure project. The Western Cape Government has invested R271 million into the project that is set to unlock multiple future economic opportunities in the surrounding areas.The project is aimed at improving the capacity and safe operating conditions of the Refinery interchange between TR11/1 and Plattekloof Road.

To date, the project has already created several economic opportunities with 550 jobs for jobseekers in the surrounding areas receiving employment and 35% of the beneficiaries being women. In addition to these opportunities, R43 million has been reinvested in Small and Medium-Micro Enterprises .Delighted with what he saw, Minister Simmers said: ‘This is one of the major road projects underway in the province.

Other improvements include the widening of all four ramos, intersection improvements as well as widening of the Road-over-Rail bridge and raising of the existing Plattekloof Road.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 17. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines