Investors partner with Ekurhuleni to transform infrastructure and economy
The City of Ekurhuleni has signed a Memorandum of Understanding (MOU) with various partners and investors to tackle pressing issues related to roads, water, electricity, and infrastructure development.
The investors expressed their readiness to engage in a public-private partnership, pledging financial support to assist the city.
During the two-day Ekurhuleni Investment Conference (EIC) held at Emperors Palace, stakeholders united in their vision to transform Ekurhuleni into an economic hub for the African continent.
Key investors included Airports Company South Africa (ACSA), which aims to contribute to developments like the Aerotropolis and job creation around OR Tambo International Airport.
The African United Business Confederation (AUBC) outlined its commitment to the city’s economic partnership, focusing on airport city development and revitalisation of industrial estates.
The Consumer Goods Council of South Africa (CGCSA) will address road infrastructure issues, particularly concerning the Rondebult sinkhole, while also overseeing energy and water management, including waste management upgrades.
The Eastern Gauteng Chamber of Commerce & Industry will collaborate with the city to implement the agreement, identifying viable projects in Springs, Brakpan, Nigel, and Kwa-Tsaduz.
AUBC’s George Sebulela highlighted the significance of the discussions, particularly in relation to the Africa Continental Free Trade Agreement, which Ekurhuleni is keen to host against competition from Johannesburg.
He stressed the importance of unlocking infrastructure potential in the city.
Ekurhuleni Mayor Nkosindiphile Xhakaza addressed the conference, emphasising five key areas for development: airport city, industrial estates, critical infrastructure, township economic development, and revitalisation of the CBD and industrial estates.
Xhakaza stated: “Together, we can unlock endless opportunities to build a sustainable future for generations to come. Let’s harness our collective energy and creativity to pave a better tomorrow where our dreams can flourish.”
In closing, Xhakaza expressed gratitude to all participants, affirming that the conference was not merely a talk-shop but a step towards tangible outcomes for the city’s development.
The Star
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