Logistical hubs as a means of regional growth: The case of the vaal logistical hub

Abstract

The purpose of this article is to investigate the importance of transport infrastructure and establish a link between transport infrastructure and regional growth. The impact of several international logistical hubs is used as a yardstick to determine the potential impact that the proposed Vaal Logistical Hub (VLH) would have on the Vaal region. Potential stakeholder interest in a logistical hub was tested through a participant survey and a freight forwarder survey. The respondents indicated that they would participate in the activities of the VLH and fully support its establishment in the Vaal region. They perceive that the VLH would lead to higher levels of job creation, higher business confidence and industrial development. By establishing a logistical hub in the Vaal region, regional economic growth will be experienced as well as the creation of between 28 000 and 48 000 jobs.