GOOD progress is being made on the N2 Nodal Development in Gqeberha, with 20% of the civils works completed since construction started in January.
That’s according to Public Works and Infrastructure Minister Patricia de Lille, speaking on a visit to the site on Tuesday, 8 March 2022. She said construction of some top structures will start later this month.
De Lille chairs the Presidential Infrastructure Coordinating Commission Secretariat and is responsible for monitoring progress of the 62 projects gazetted in July 2020 as Strategic Integrated Projects (SIPs).
The SIPs are part of the Infrastructure Investment Plan, a key component of the Economic Reconstruction and Recovery Plan (ERRP) aimed at stimulating economic growth and job creation, announced by President Cyril Ramaphosa in October 2020.
The N2 Nodal Development, as the name suggests, is a mixed-use project located along the N2 in Gqeberha. It is expected to attract investment of more than R18 billion, comprising various property portions centred around the super-regional Baywest Mall.
The project is expected to provide 12,100 new housing units and will include fully and partially subsidised housing for underprivileged beneficiaries, lower earnings affordable market for both ownership and rental housing solutions, through to middle and upper-middle market home buyers.
It will also create over 500,000m² of retail, commercial, office and industrial facilities, as well as community and social facilities.
“The project is also exciting in that it will bring different housing typologies together and build integrated developments where people in various income streams can live in well-located development close to transport arterials and economic development,” De Lille said.
“These developments are vital to achieving spatial justice and by stopping urban sprawl and bringing people into integrated, affordable and well-located developments thereby reversing the legacy of our unjust apartheid spatial planning.”
