The Gauteng government has exceeded its R200 billion investment target, securing R205.6 billion in pledges at the Gauteng Investment Conference on Thursday.
Lebogang Maile, former MEC for Finance and Economic Development, announced the target at the provincial budget speech last month.
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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.
Energy projects account for R22.4 billion, while manufacturing commitments total R14.4 billion, reinforcing the province’s re-industrialisation push.
Officials said the investment pipeline is anchored by large-scale projects across Gauteng’s economic corridors, particularly around the OR Tambo aerotropolis and key logistics hubs.
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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.
“Investment conferences are not ends in themselves. Their true value lies in translating commitments into projects on the ground… and jobs,” he says.
Mashatile has again committed to government’s role in reducing regulatory bottlenecks, crowding in private capital, and ensuring accountability in project implementation.
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* Likho Mbuka is a Moneyweb intern.
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