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New projects in SA, including a Spacehub and a New City

New projects in SA, including a Spacehub and a New City

The inaugural Sustainable Infrastructure Development Symposium South Africa (Sidssa) was launched on Tuesday (23 June) as part of a major government initiative to encourage development in the country.

As part of the government’s presentation, it outlined a number of ‘catalytic projects’ which provide a ‘snapshot of its ambition’ as well as its priorities and projected impact.

The Space Infrastructure Hub for National Development

The Space Infrastructure Hub will allow for the development of satellite infrastructure, satellite-based augmentation systems, and earth observation satellites.

“Domestic access to this type of infrastructure will reduce South Africa’s reliance on other countries for the type of information that these satellites can make available and is expected to reduce the time frames for collecting necessary data.

Government said that the proposed investment value of the project is R3.1 billion and the investment period is three years.

Over the three year period, the investment will on average support 4,695 jobs per year, of which a quarter will be in the informal economy, it said.

Broadband – Project Thobela

“Businesses and households are becoming increasingly reliant on the internet, and the Covid-19 pandemic has forced even more activity online.

“For an economy to benefit from the opportunities of the Fourth Industrial Revolution (4IR), it needs to have access to affordable broadband,” government said.

Government said that the proposed investment value of the project is R9.8 billion and the investment period is seven years.

Over the seven-year period, investment in Project Thobela will on average support 6,553 job opportunities per year, of which just over a quarter will be in the informal economy, it said.

New City – The Greater Cornubia

The Greater Cornubia is a mixed-use and mixed-income development, which consists of industrial, commercial, residential and open spaces.

It is situated 25km from Durban’s CBD and 7km from King Shaka International Airport. The development will include 58,000 housing opportunities available to a wide range of income groups, and which will be provided by the public and private sectors.

The proposed investment value of the project is R25 billion and the investment period is 16 years (the project officially started in 2016).

“Over the first 10 years, investing in the Greater Cornubia will on average support 11,254 jobs per year, of which more than half (57%) will be for semi-skilled and low-skilled labour.”

Scheepersvlakte Citrus Farm

Scheepersvlakte is a greenfield citrus project, that will grow 516 hectares of citrus in the Kirkwood region in the Eastern Cape province.

“Once the farm is operational, it will create employment opportunities for farmworkers and for the downstream processing of fruit and nuts into other consumables.

The proposed investment value of the project is R122 million and the investment period is five years.

Mokolo Crocodile Water Augmentation Project (Phase 2A)

The MCWAP-2A will increase water supply in the Lephalale region, government said.

“In the case of the MCWAP-2A, we understand that the water will be used as a second source for the Medupi and Matimba Power Stations, and that it will also help to meet the growing demand for water in Lephalale Municipality.

The proposed investment value of the project is R12.4 billion and the investment period is five years.

 Source: BusinessTech

Photo Credit: Depositphoto


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