The provincial government of South Africa along with the City of Tshwane and project developer Balwin Properties haves announced that the implementation of Mooikloof mega residential city PPP is under process.
The first phase project includes the development of about 50,000 apartments with schools, shops, and offices along with necessary infrastructure. The project will be developed under one of the 62 Strategic Integrated Projects (SIPs) gazetted at the end of July 2020.
The Mooikloof Integrated Development has a total project value of over ZAR 84 billion (US$ 5.06 billion), which will be developed in phases. The development will follow the green building principles and will make optimal use of green belts and green spaces for residential recreation.
The spatial design will follow the 40/40/40 principle. Which means that most people are housed 40 kilometers from employment opportunities, as a result, they spend over 40 minutes traveling to and from work and spend over 40% of their incomes on transport expenses. In many cases, those affected are the poor who live in 40m2 houses.
A PPP project involving the delivery of a new cruise terminal at the Port of Durban in South Africa has reached commercial close. KwaZulu Cruise Terminal (KCT) has signed a concession agreement with the Transnet National Ports Authority (TNPA) of South Africa for the financing, construction, operation and maintenance of the terminal.
Read moreSwaziland and South Africa have given green light to a railway line to be delivered as PPP.
Read moreMurray & Roberts (M&R) has increased its stake in the Bombela Concession Company, which operates and maintains the Gautrain railway network in South Africa.
Read moreTransnet National Ports Authority (TNPA), the South African rail, port and pipeline company, has announced it has selected a preferred bidder for the Durban Cruise Terminal.
Read moreThe Gauteng Management Agency (GMA), South Africa, has completed the feasibility study on the the Gautrain rail network extension project.
Read more