Mpumalanga Economic Growth Agency (MEGA), in partnership with Thaba Chweu Local Economic Development Agency (THALEDA), aim to turn the northern part of Graskop into a retail node. The town of Graskop has strategic value within this region, serving as a business corridor to these popular tourist destinations.
Graskop is only a few minutes’ drive from several scenic wonders such as God’s Window, Bourke’s Luck Potholes, and the world renowned Blyde River Canyon and Three Rondawels, as well as spectacular waterfalls such as Lisbon Falls, Berlyn Falls and Mac Mac Falls.
The retail node will consist of a taxi rank, petrol service station, long distance bus stop, motor repair centre, tyre fitment centre, second-hand car dealership, food outlets, truck stop and other retail facilities.
MEGA is coordinating the project with THALEDA and are seeking potential investors.
- A complete Feasibility Study has been conducted for the project.
- The capital cost requirement for the Graskop retail node is R22.7-million.
THALEDA has identified an open space adjacent to Matibidi Hospital in Graskop to build the retail node.
Nodal development has substantial fiscal and economic benefits for municipalities, developers, community businesses and residents. Retailing is an important industry and a healthy retail sector grows and speeds up economic development.