Page 7 - KZN Business Sense 9.4 - Shadrach Karien (Cover)
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NEW R1.9-BILLION INDUSTRIAL PARK
BREAKS GROUND AT GIBA GORGE
he R1.9-billion Giba and Re-Invent Property national government’s Strategic
Business Estate, the Development Managers, Integrated Projects, SIP2:
Tlargest light industrial companies whose track records Durban-Free State-Gauteng
and logistics development to have led to the commencement Logistics and Industrial
break ground within Durban’s of the project,” he added. Corridor. SIP2 aims to
Outer West in more than The Westmead Industrial strengthen the logistics and
three years, will not only Park and the Mahogany Ridge transport corridor between
create hundreds of short term Industrial Park lie to the South Africa’s main industrial
and permanent jobs but also North-East of Giba Business hubs, improve access to
significantly boost the greater Estate, making this a natural Durban’s export and import
eThekwini region’s GDP. extension of this sought after facilities and raise efficiency
Speaking at the official sod industrial node along the busy along the corridor.
turning for the development route Durban Gauteng corridor. Nathoo added that the launch
on Wednesday, August 16, It offers easy access to all major of the project also corresponded
spokesperson for developers national highways. The N3, N2, with other major projects within
Sultex Investments, Nel Nathoo and the M7 interchanges are all the Outer West corridor such
and Shaaz Moosa, explained less than 10km away, providing as the development of the Cato
that the development marked access to both northbound and Ridge dry port and logistics hub Pictured at the sod turning held on the site of Giba Business Estate on Wednesday
the opening up of new land for southbound routes. by Transnet, further development 16 January 2023 are from left to right: Nel Nathoo, George, Mayor Cllr Mxolisi
industrial development that The development, which has of the Hammarsdale precinct Kaunda, Shaaz Moosa, Pregan Naicker, Raffi Abdullah and Donavon Naicker
was up until now zoned for been earmarked as one of the by various stakeholders and
agricultural use. city’s key catalytic projects by the creation of Westown at to cause a corresponding and for their specific configurations
Strategically located adjacent the eThekwini Municipality, Ntshongweni which has been complementary. development and needs.
pitched as the new residential and
to the west bound carriageway will see the development of 220 reaction. They are projects
Whilst kick starting
of the Mariannhill Toll Plaza 000 square meters of platformed commercial hub for Durban’s of sufficient magnitude industrial growth in the area,
Outer West. It is expected to
along the N3, it will rejuvenate sites of various sizes. The Giba generate approximately R15 to stimulate ongoing
the Giba Business Park, creating Business Estate comprises 22 billion in investment over the redevelopment. The Giba the project also supports the
important business opportunities sites aimed at light industry, Business Estate is much like eco-tourism aspect of Giba
for the logistics and SMME light warehousing and the allied next 10 -15 years. Cornubia and Riverhorse Valley Gorge. It is expected to have
industrial sectors. logistics sectors. Attending the sod turning to the north of the city and the a significant social impact on
the neighbouring informal
“Sultex Holdings is a black Nathoo said that the Giba Pravin Gordan said he endorsed proposed Automotive Supplier community both in terms of
the project that on completion it
owned company with a level Business Estate would be would give long term employment Park to the south. It is an job creation and by increasing
one BBBEE score. It comprises developed in two phases. Work important part of the City’s 10 business opportunities within
a group of local Durban had already begun on the to 4661 local community which Point Port City Industrial Plan the logistics industry and
will uplift the area.
businessmen who are collectively infrastructure and platforms for which will not only begin to re- SMME light industrial sectors.
undertaking this prestigious the first phase which was due for Speaking at the ceremony, industrialise the city but ensure
project as an expression of its completion in July 2024. eThekwini mayor, Councillor continued sustainable economic The Giba Business Estate
commitment to the eThekwini Early investors will benefit Mxolisi Kaunda, said that the growth for the region,” he said. encompasses eco-friendly
region. This substantial from its proximity to the Giba Business Estate represented Moosa said that the Giba green zones aimed at reducing
investment in this project is N3 between Durban and a silver lining for eThekwini Business Estate presented the site’s carbon footprint
testimony to their confidence in Pietermaritzburg which is in and thanked the consortium and environmental impact.
the region,” he said. the throes of a R20-billion, 8 of investors for its vote of important turnkey development Infrastructure to support
opportunities for investors as well
high-speed fibre and solar
“Sultex Holdings has employed –year upgrade by SANRAL, he confidence in the future of the as SMME’s and other end users. electricity generation as well
a full black professional team. pointed out. city as an investment destination. Companies and manufacturing as state-of-the-art security
The development is being led The upgrades to both this “Catalyst projects such as this entities could construct their own have also been included in
by Nathoo Mbeyane Engineers and the N2 form part of one are planned and designed bespoke developments catering the planning.
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