Tue, Sep 27, 2022
HomeConstruction and EngineeringAirport development node along N8 Corridor seeks investment partners

Airport development node along N8 Corridor seeks investment partners

Public-Private Partnership project seeks private sector investors for the development of a mixed use precinct along important transportation corridor.

Airport Development Node

The project is located in the Mangaung Metropolitan Municipality in the Free State Province of South Africa, in proximity to the N8 highway.

Sector focus: Property development and logistics

Phase 1 of the proposed development is a mixed-used precinct development, focused on offices, commercial precincts and residential opportunities. The development also proposes to incorporate flagship developments such as an international convention centre and tertiary institutions.

Project funding

  • Public and private sector investors. The project is a Public-Private Partnership
  • DTIC incentives available
  • The project is driven by the Public Sector and seeks Private Sector investment for Phase 1 of the project
Investment value/Funding gap: R100-billion

Project schedule & status

The project can go ahead as soon as funding is secured.

  • Concept plan and urban designs were completed and approved in 2012
  • Land secured and rezoned
  • Engineering and environmental designs completed
  • Civil and electricity works for bulk infrastructure completed
  • Diagrams and general plans approved

Empowerment and job creation

Approximately 11 000 direct and indirect jobs to be created through the project. Youth and women stand to benefit from the project.

Contact the team

Interested parties are encouraged to make contact with the project promoters for more information:

(Kindly include the words N8 Airport Development Node in your subject line)

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