Dutch Minister of Agriculture and State Secretary of Economic Affairs, Martijn van Dam and director-general of the Department of Trade and Industry, Lionel October, have launched a R650 million Burgan Cape Terminals (BCT) fuel storage project in Cape Town.

BCT will have a storage capacity of 118,670 m3 and will include a five bay road truck loading gantry. Construction of the facility is expected to create around 350 jobs and will be completed in 2017.

Speaking at the launch, October said the BCT is an Operation Phakisa project and a good example of how the state and private sector can work together to achieve strategic objectives. He added that the infrastructure is critical to the security of fuel supply in the Western Cape.