SA to launch state-owned firm to manage R8.4bn of state property, attract investment

SA to launch state-owned firm to manage R8.4bn of state property, attract investment

South Africa’s Public Works Minister plans a state-owned property firm to manage government real estate, attract private investment.
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Key topics:

  • State to establish property firm – Government to manage vast real estate assets.
  • Private investment drive – 650+ firms eyeing revival of decayed state buildings.
  • Fixing municipal failures – 'Adopt-a-municipality' aims to boost infrastructure delivery.

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By Prinesha Naidoo and Antony Sguazzin

___STEADY_PAYWALL___

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