Water and sanitation projects in Gauteng attracted pledges of almost ZAR150 million at a recent jamboree to drum up interest in provincial projects among private investors. The province, South Africa’s industrial heartland, has been suffering severe water shortages owing to decaying infrastructure.

However, the property sector was the big winner at the Gauteng Investment Conference in April, attracting ZAR123.7 billion in investment for 11 projects.

According to Engineering News, the event – hosted by the Gauteng Growth and Development Agency – secured investment pledges from local and global companies totalling ZAR312.5 billion, for 60 projects across 15 sectors.

‘We are committed to forming strong partnerships with the private sector globally, as we believe this is crucial for economic growth and development, and as a creator of jobs, a driver of innovation and a significant contributor to national income,’ said Gauteng Finance and Economic Development MEC Lebogang Maile.

Among the highlights was ZAR22.7 billion pledged to seven agroprocessing projects; and ZAR39.7 billion promised to five transportation and logistics projects.

In addition more than ZAR80 billion was pledged for six ICT projects, while one aviation project was promised ZAR5 billion

8 April 2025
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