7 Most Impressive Mega projects in Gauteng, South Africa.
Gauteng is a city region and the largest focus of
the South African economy, contributing more than a third
of South Africa's economy, with sectors such as
Finance,
Real estate and Business services
being the backbone of the Province's economy.
Home to some of Africa's most developed cities, Johannesburg
and Pretoria,
The Gauteng province is Africa's Economic hub,
contributing between 7-10% of the continent's
Total GDP.
As a way to address
the Province's housing needs, develop transport
and telecommunications infrastructure such as railways and roads,
improve the living conditions of the local population,
creating new job opportunities and strengthening its position as Africa's Business,
Financial and Manufacturing Hub,
The South African government is undertaking several Mega projects.
In this video, We are going to take you through the
7 Most impressive Mega projects in Gauteng Province.
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7) Tshwane Automotive Special Economic Zone.
The first Automotive city in Africa
located in Pretoria South Africa,
The Tshwane Automotive Special Economic Zone
is Africa's largest Automotive City.
An attractive and ideal investment destination for the
Automotive industry,
The Special Economic Zone is set to be the hub for car manufacturing on the continent,
with investors set to enjoy tax incentives,
plus Preferential utilities rates and efficient movement of
goods to support their businesses, plus direct and ready
linkages to the Southern Africa
Regional Block and other International markets.
The first phase of the project is set to provide 8,700 jobs,
with its cost coming at US$ 64 Million,
while the Total cost of the project
is 3.4 Billion Rands about US$ 200 Million.
6) Blyde Waterfront Project.
A water lovers Paradise in Pretoria.
The Blyde is a one-of-a-kind lifestyle estate with a
Crystal clear Sustainable Lagoon, for Swimming, Kayaking
And Paddleboarding, with On-site Classic Lifestyle Center,
The Waterfront has something for everyone.
Developed by Balwin properties,
One of South Africa's leading property developers,
The Waterfront consists of 5200 units
that are being developed on the site,
along with a Crystal Lagoon,
a 6-star Green rated Lifestyle center
with an On-site gym,
a Spa, Movie theater,
Meeting rooms, Restaurants,
Laundromats and Concierge facilities.
The property comes with all of the essential amenities,
as well as state-of-the-art security system with biometric configurations
to keep you secured 24/7.
The Total cost of the project is 9 Billion Rands,
about US $ 580 Million.
5 Montrose Mega City Development Project.
A Mixed integrated Housing development with
Low cost affordable and Upper Market residential units,
situated in the West Rand region of Gauteng
about 55 Km, 34 Miles,
from Johannesburg Central Business district.
The project consists of 5602 and 8190 Mixed use Residential Units,
with Schools,
Private and Public hospitals,
Colleges and Satellite universities, Government complexes,
Theme parks, Retail,
Commercial Office Parks, Light and Heavy Industrial Development
and other Public amenities.
Implemented in Two phases,
with Phase One fully complete,
the project comes at a Cost of 10 Billion Rands,
over US $ 643 Million.
4} Vaal River City.
Described as South Africa's first Post-apartheid city,
The Vaal River City, is a new city being developed in South Africa.
First proposed in 2015,
the project is being developed in a 250 hectares
of land In Vereeniging City
about 66 Km 41 Miles from Johannesburg.
The development houses
400,000 Square Meters of Commercial Office Space,
60,000 Square Meters of Retail and Leisure Component,
with 20 Hectares of Park areas,
including a Bird sanctuary
and 5,000 Residential units.
First phase of the Project is set to create 7,500 jobs,
while the Total cost of the Project is between
7 and 11 Billion Rands,
over US $ 700 Million.
3) Waterfall City.
Located 31 Kilometres, 19 Miles
from Johannesburg, CBD and Gauteng province.
Waterfall City is a Mixed-use
mega development with a Great master plan,
Holistically design and Urban enclaves built entirely
from scratch on an 800,000 Square Meters of
vacant land.
This expensive City building project at Waterfall City
combines a Hyper Modernist stress on Smart growth,
Cutting-edge Technologies,
and State-of-the-art Infrastructure
with the New urbanist focus on
Mixed use facilities,
A Human scale built environment,
and Pedestrian friendly precincts.
The city features everything you would expect in a Vibrant,
Modern destination,
Catering to Offices, Residential, Retail,
A Logistics Hub,
Schools, Hotels,
A Hospital, Parks, Restaurants, Entertainment and more.
The Project is being developed by Attacq, One of the leading
Property developers in the country, and it will cost South Africa
over 16 Billion Rands, US $ 1 Billion.
Waterfall City will be an Ideal place to Play, Work
and Stay in South Africa.
2} Lanseria Smart City.
The buildings in this New city will be designed to optimize
Vertical integration with retail at Ground level,
a few Office levels above this, and Residential apartments,
Pent houses and Hotels above these In turn.
With up-to-date infrastructure
for Cell phones,
Wi-Fi, Information networks,
and High-speed Broadband connectivity,
The city will be built on Smart technology and Systems,
in a way that is helpful to all Residents of the city, Companies,
Businesses and Visitors.
Additional interchanges, Subways, Bridges and Service
lanes are planned to enhance the current Road system around the Airport.
1} Mooiklof Mega Residential Project.
On 4th of October, 2020,
The South African President Cyril Ramaphosa
announced the launch of Mooiklof Mega City Residential Project.
A Project that will be constructed in East Pretoria.
A Construction Company Balwin properties, which is listed
in the Johannesburg Stock of Exchange was announced
to spearhead Construction of the Project,
A Project that has been billed as the largest housing project
in the country to date.
Completion of the project has been set for 2030.
In a media briefing,
the South African president,
Mr. Cyril Ramaphosa
said that the development of these areas
has a Total Project Value of over 84 Billion Rands,
US $ 5.4 Billion,
and is one of the 62 Strategic Integrated Projects ,
that were gazetted at the end of the July 2020.
The First phase of the Project is Residential developments,
and some 50,000 Sectional title units are planned
he added
The Project will also feature
Schools, Shops and Offices.
This project involves the construction of 16,000 Apartments
at a Present value of approximately
9.6 Billion Rands,
US $ 600 Million
in phases over the next few years, and what can be described
as the one of the World's largest Sectional title development.
This may be extended up to 50,000 apartments,
with a total development value of approximately
44 Billion Rands, US $ 2.8 Billion.
In today's terms,
The group said, Apartment prices will range
approximately from 499,000 Rands,
US $ 32,000
to 799,000 Rands
US $ 52,000.
The project is expected to provide affordable houses
coming with all the important amenities to thousands of
South Africans at a reasonable price.
That's all that we have for today.
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