Sun, Dec 4, 2022
HomeTradeInvestAfricaInvest DurbanCentrum site development update 2021

Centrum site development update 2021

2021 Project Update for the Centrum site development in Durban / eThekwini, KwaZulu-Natal, South Africa.

Project summary

  • Investment value: R11.5-billion
  • City contribution: R2-million
  • Developer contribution: R9.5-billion
  • Start and finish date: 2023—2030
  • Jobs created: 70 000
  • Annual revenue: R170-million
Next Steps (12 months)
  • Real Estate to engage with Legal and Catalytic Projects Unit to consolidate comments and inputs by the 12th of Feb 2021
  • Real Estate to submit EOI public participation to Council by March 2021
  • SCM process for EOI to start March 2021
See historical background information here.

See also: City scoops planning award at ISOCARP

More information:

For more information, please contact Invest Durban:

    RELATED ARTICLES

    Investment Projects

    Business News

    spot_img

    Recent News

    spot_img