ACSA to finalise sale of Durban airport

2012-09-20 08:56
The Airports Company South Africa hopes to finalise the R1.85bn sale of the old Durban International Airport to Transnet by the end of this month, says Acting MD, Bongani Maseko.

Tourism Update reports that the agreement for the sale was concluded at the end of the financial year on March 31, marking the conclusion of the airport's relocation to King Shaka International Airport.

Initial reports about the sale surfaced at the end of last year, stating that the company was planning to use the former airport as a dig-out port. The latest reports reveal that Transnet intends to turn the old airport site into a container port.

Read more on:    travel south africa

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