R147 million waterfront project to boost THIS Eastern Cape town – Bundlezy

R147 million waterfront project to boost THIS Eastern Cape town

The Transnet National Ports Authority (TNPA) has officially broken ground on the R147 million Latimer’s Landing redevelopment at the Port of East London.

The flagship project is set to revitalise the city’s waterfront and inject fresh energy into the Eastern Cape’s tourism and economic landscape.

Major milestone

The redevelopment marks a major milestone in the long-anticipated transformation of Latimer’s Landing into a vibrant mixed-use precinct.

Once a purely operational marine quay, the site has evolved into a key recreational hub, and the new quay structure is expected to unlock further business, tourism and leisure opportunities.

TNPA Acting Chief Executive Phyllis Difeto said the investment forms part of Transnet’s broader Reinvent for Growth Strategy, aimed at stabilising the business while driving regional economic growth.

“This development charts a new course for the Eastern Cape economy by supporting value-adding industries. It aligns with our strategic goal of positioning the port within the tourism sector by integrating port operations with the leisure market.”

New commercial ventures

The upgraded facility will pave the way for new commercial ventures, including restaurants, leisure outlets and tourism centres designed to attract consistent visitor traffic to the area.

Beyond infrastructure, the project is already generating tangible community benefits. As of October 2025, 44 local jobs have been created, with approximately 55 total employment opportunities expected over the 24-month construction period, which concludes in April 2027.

Main contractor Stefanutti Stocks has also committed to partnering with local Small, Medium and Micro Enterprises (SMMEs) to create further business opportunities and drive inclusive growth within the region.

TNPA said the project reinforces its strategy to optimise its real estate assets, attract private sector investment and position the Port of East London as a catalyst for sustainable economic development. 

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