VOICED : South Africa thinks big for Durbans

Durban port handles 80 million tons of cargo annually but faces capacity challenges. To address this, a new port is planned to increase capacity fivefold, benefiting trade with China. However, funding the $7 billion project is challenging, requiring investment in infrastructure. South Africa seeks support from BRICS nations, but funding agreements remain unresolved. The port aims to become a major trade gateway, needing political support to realize its ambitions.

What is the predicted annual growth rate for container traffic at South African ports?

• 12%

• 10%

• 8%

• 5%

Where is the proposed new port in Durban planned to be built?

• On the outskirts of Durban

• At the site of Durban's former airport

• Near the city center

• Next to the existing port

Which country is the largest trading partner of the South African port?

• Brazil

• India

• China

• Russia

What was the proposed initial fund amount for the BRICS-led Development Bank?

• $100 billion

• $50 billion

• $20 billion

• $10 billion

What is a major challenge faced by developing countries in infrastructure development?

• Lack of natural resources

• High labor costs

• Political instability

• Insufficient long-term financing