Unlocking long-term socio-economic benefits through infrastructure development
THE Richards Bay IDZ is steaming ahead with the rollout of infrastructure development projects. This is a clear indication of the beginning of a new era characterized by sustained foreign direct investment. Critically, we are taking advantage of being located close to Africa’s deep-water port by unlocking the province’s potential in the ocean economy. There has been a groundswell of optimism since the launch of a Techno-park in July 2016, said Pumi Motsoahae; Chief Executive officer Richards Bay industrial Development Zone.
Undoubtedly, this multimillion-rand ICT infrastructure will help bridge a digital divide and in the process create knowledge-based society located in both urban and rural areas. This techno-park will not only fast-track our entry into the global community but will enable our citizens to become full participants in programmes aimed at driving socio- economic development. Significantly, 30% progress has been made in the construction of the Technopark administration block with targeted construction completion being August 2017. As guided by the 50-year Master Plan, we are directing our energies towards the creation of infrastructure that will link RBIDZ with transport networks.
We are celebrating a major milestone in the construction of Medway Road after reaching a 29% project progress. This road upgrade aims to improve and optimise access by doubling the lane capacity in a bidirectional mode from the IDZ linking it into the Port of Richards Bay and the adjoining arterials extending into the other national corridors.
In addition, the site handover to the contractor was done in November 2016 for Alumina Allee Road construction upgrade, which aims at doubling the lane capacity for improved access in and out of RBIDZ. The engineering services have fairly commenced on site and work in progress is already taking shape. The infrastructure development projects will unlock long-term socio-economic benefits by creating appealing platform for investors thereby enhancing investment opportunities that will lead to economic growth. With all these infrastructure developments, the RBIDZ is outwardly geared to expand and attract more investors in the Zone, transform the economic landscape and stay afloat on socio - economic development programmes.
Construction images of the Techno-Park in progress at the RBIDZ Phase 1A