A R6.2 billion new Gauteng housing project – the Leratong City integrated nodal development – is set to get under way in Leratong, Mogale City in a joint development by McCormick Property Development, Calgro M3 and Sasuka Logistics Services.
In a presentation to the Standing Committee on Economic Opportunities, Tourism and Agriculture in the Western Cape Provincial Parliament, it was revealed that thousands of new jobs can be created in the development of an Aerotropolis surrounding Cape Town International Airport.
Limpopo Premier Stanley Mathabatha has set a target to grow the provincial economy by 5% by 2019.
Department of public works spends over R3bn a year leasing office space in privately owned buildings on behalf of national government departments.
Submitting building plans is set to become easier, faster and paperless, with the City of Cape Town's overhaul of the current development plan application process.
Ekurhuleni Executive Mayor Mondli Gungubele has launched a R101 million ward based project aimed at creating jobs and fighting poverty in the region.
The South African Property Owners Association (SAPOA) welcomes the approval by the National Energy Regulator of South Africa (NERSA) of the 8% annual increase for electricity.
Government will require the support of investors to realise the speedy implementation of South Africa's proposed mega infrastructure programme, says President Jacob Zuma.
In SA, private investment in infrastructure has delivered several highquality assets, like the N3 toll road and the Gautrain.
A nation’s physical infrastructure is one of the best indicators of its likely prosperity, infrastructure is a requirement for economic growth and prosperity.
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