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R42-MILLION INDUSTRIAL PARK TO STIMULATE HAMMANSKRAAL ECONOMY

The R42-million project is part of the Revitalisation of Industrial Parks Programme of the Department of Trade and Industry (the dti).

The Minister of Trade and Industry, Rob Davies, launched the refurbished Babelegi Industrial Park in Hammanskraal on Tuesday, 30 May.

Minister Davies said the main objective of the programme was to accelerate economic development in the lagging regions by attracting business investments to locate in these areas. It is also aimed at supporting job creation in manufacturing and related sectors.

¡§The dti has forged strategic partnerships for the implementation of the programme on a national scale, working with the provinces, their agencies as well as municipalities.

¡§In the case of Babelegi, the department is working with the North West Development Corporation, who is also the owner of the park. The City of Tshwane has also played a strategic role in ensuring the smooth implementation of the programme,¡¨ said Minister Davies of Tuesday¡¦s launch.

The Babelegi Industrial Park has approximately 261 developed units which are available for leasing, while 188 of the units are occupied by firms operating in textiles, engineering, construction, light manufacturing, warehousing and distribution houses.

¡V Source: SAnews.gov.za


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