Page 7 - KZN Business Sense 9.4 - Shadrach Karien (Cover)
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        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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