<\/p>\n
The Gauteng government has exceeded its R200 billion investment target, securing R205.6 billion in pledges at the Gauteng Investment Conference on Thursday.<\/p>\n
Lebogang Maile, former MEC for Finance and Economic Development, announced the target at the provincial budget speech last month.<\/p>\n
Read: Gauteng pushes spending to meet service delivery demands, says Maile<\/p>\n
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The bulk of the R206 billion in pledges is concentrated in infrastructure-led sectors, with transport and logistics attracting about R60.3 billion, followed by property development at R42.9 billion and core infrastructure at R33.5 billion.<\/p>\n
Energy projects account for R22.4 billion, while manufacturing commitments total R14.4 billion, reinforcing the province\u2019s re-industrialisation push.<\/p>\n
Officials said the investment pipeline is anchored by large-scale projects across Gauteng\u2019s economic corridors, particularly around the OR Tambo aerotropolis and key logistics hubs.<\/p>\n
Read: Lesufi\u2019s growth push hinges on fixing water and crime<\/p>\n
Deputy President Paul Mashatile has called for faster implementation of investment commitments, positioning Gauteng as central to translating national pledges into economic activity and jobs.<\/p>\n
\u201cInvestment conferences are not ends in themselves. Their true value lies in translating commitments into projects on the ground\u2026 and jobs,\u201d he says.<\/p>\n
Mashatile has again committed to government\u2019s role in reducing regulatory bottlenecks, crowding in private capital, and ensuring accountability in project implementation.<\/p>\n
Listen: Is there still an investment case for Gauteng?<\/p>\n
* Likho Mbuka is a Moneyweb intern.<\/p>\n
#Gauteng #secures #R206bn #investment #pledges<\/p>\n","protected":false},"excerpt":{"rendered":"
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