HomeBusiness

Mvuma Iron And Steel Company Equipment Arrive At Durban Port

1 year agoWed, 22 Jun 2022 06:04:06 GMT
Share on FacebookShare on TwitterShare on LinkedIn
Mvuma Iron And Steel Company Equipment Arrive At Durban Port

Construction of the Manhize Iron and Steel plant in Manhize near Mvuma continues to gather momentum with the delivery of huge components for the plant being expected this month.

A Chinese mining company, Dinson Iron and Steel, a sister company of Tshingshan Group Holdings is constructing a US$1 billion steel processing plant in Manhize in a lucrative development which is going to be the country’s biggest Iron and Steel plant.

Dinson Iron and Steel public relations officer Pardon Kufakunesu confirmed the development in an interview with The Midweek Watch. He said:

I can confirm that the components for Mvuma Iron and Steel plant have arrived at the Durban Port, South Africa and we are expecting the delivery to take place at the end of this month.

The company recently signed a joint venture agreement with the ZESA company for the construction of a 400 KVA transmission powerline, a main grid line to connect Manhize to the rest of the backbone grid which is located at Sherwood near Kwekwe.

Latest Tecno Pop 8 - now available in Pindula.

$94, Cash on Delivery in Harare & Bulawayo.

WhatsApp: 0783 450 793

The mining company operating on a full-scale production is expected to provide 1.2 million tonnes of steel per year. It will be the biggest steel project in Africa.

Communities near Manhize in the three provinces namely Midlands, Mash East and Mash West have started to benefit from the venture through employment opportunities. 

The mining company is expected to create about 10 000 jobs directly when it reaches full-scale production. 

More: Pindula News is best enjoyed via the App. Download it here

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback