R28 million refurbished industrial park to be launched in North-West region, South Africa
The South Africa Minister for Trade and Industry Dr Rob Davies will launch the R28 million revitalised Ga-Rankuwa Industrial Park on Thursday, 28 March 2019 in the North-West region. The project is part of the Revitalisation of Industrial Parks Programme of the Department of Trade and Industry (the dti).
Minister Davies is expected to be joined by the Premier of Gauteng, Mr David Makhura, North West Premier Professor Job Tebogo Mokgoro and the Chief Executive Officer of North West Development Corporation, Mr Tshepo Phetla.
According to the Minister, the main objective of the programme is to accelerate economic growth, diversification of economic activity, attract investments, create jobs creation and address inequality.
“The industrial parks are recognised as catalysts for broader economic and industrial development in their host regions. To date, seven Industrial parks have already been launched, these include Babelegi in Gauteng, Isithebe in KwaZulu-Natal, Phuthaditjhaba and Botshabelo in the Free State, Vulindlela and Komani in the Eastern Cape, and Seshego in Limpopo. Work on first phase of the revitalisation programme has been completed for the Ga-Rankuwa Industrial park,” he said.
He added that the dti has forged strategic partnerships for the implementation of the programme on a national scale working with the provinces, their agencies as well as municipalities.
“In the case of Ga-Rankuwa, the dti is working with the North West Development Corporation who are also the owners of the park. The City of Tshwane has also played a vital role in ensuring the smooth implementation of the programme,” said Davies.
The Minister added that the launch will accord an opportunity to the three spheres of government to engage with the community members around the industrial park including business and other stakeholders and announce the improved industrial park. He adds that it will further be used as a platform to market the industrial park to other prospective investors.
The Ga-Rankuwa Industrial Park has approximately 283 developed units. 210 of them are fully occupied by manufacturing and commercial businesses and 73 units are still available for leasing. The services of sseventeen SMMEs and five women-owned companies were utilised during the refurbishment of the park.
The first phase of revitalisation of the park included installations of 8.5km of fencing boom gates, swing gates, pedestrian gates, installation of guardhouses including services, toilets and electrical works, closed-circuit television, refurbishment of high mast lights and paving around guard houses.
