The province of KwaZulu-Natal has a number of characteristics that makes it a compelling investment destination on the African continent. This installment of the KwaZulu-Natal Investment Opportunities Booklet provides investors with an updated broad overview of the investment opportunities across various key sectors in the economy. It also highlights the key features that we believe make doing business in KwaZulu-Natal an attractive proposition.
Unless otherwise specifically stated, the information contained herein is made available to the public by Trade & Investment KwaZulu-Natal and was deemed to be correct at the time of compilation. The intent of the information is to assist an individual seeking to learn about South Africa as an investment opportunity country, and KwaZulu-Natal as an investment destination for his or her business. Trade & Investment KwaZulu-Natal does not assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, product or process disclosed in this document.
Reference herein to any specific commercial product, process, service, trademark, manufacturer, or otherwise, does not constitute or imply its endorsement, recommendation, or favouring by Trade & Investment KwaZulu-Natal. The views and opinions expressed herein do not necessarily state or reflect those of Trade & Investment KwaZulu-Natal.
04 AVOCA NODAL
04 AVOCA NODAL DEVELOPMENT INVEST.DURBAN LOCATION ETHEKWINI METRO ECONOMIC SECTOR Industrial (Logistics and warehousing) DESCRIPTION AND BACKGROUND The three sites comprising the Avoca Nodal Node were owned by Corobrick and used to mine clay for brickmaking. These are now being sold for redevelopment purposes. The Avoca Nodal Development consists of three precincts ideally located along the N2 corridor. The precincts consists of the Brickworks and Northfields industrial developments and the Caneridge residential development. TOTAL INVESTMENT VALUE R10 BILLION (3 MILLION) JOBS CREATION Temporary Jobs: 25 000 Permanent Jobs : 10 000 PROJECT STATUS • Project seeking more private investors to invest in second and third precinct. FINANCED BY • Private Developer • eThekweni Metro PARTNERSHIPS • eThekweni Metro • Private Developers 24
RESPONSIBLE INSTITUTION AND CONTACT DETAILS Mr George Mohlakoana +27 31 311 4097 george.mohlokoana@durban.gov.za PROJECT PROMOTER Mr Steve Angelos Economic Development and Planning Cluster, Catalytic Projects Unit, eThekwini Metro +27 31 311 4097 steve.angelos@durban.gov.za If there is interest in this project please contact both the Project promoter at the responsible institution and the project manager to ensure that your query is addressed promptly 25
