Mixed-use development opportunities in North-West

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Project summary

Objective
I am seeking investment, loans or funding
Short description

Land available for industrial and residential development in the Mamusa Local Municipality.

Project details

Industrial, commercial and residential opportunities in Mamusa Local Municipality

The Mamusa Local Municipality (MLM), within the Dr Ruth Segomotsi Mompati District in the North West Province offers a number of investment opportunies. The municipality comprises the towns Schweizer-Reneke and Amalia. The types of economic activities include  agriculture, development of a mall, fuel stations, manufacturing and agri-processing.

Trade space

Mamusa local municipality has the potential to accommodate additional trade space of between 2 000m² and 15 000m² over the next 15 to 20 years. Trade types to be developed include wholesale and retail trade, catering and accommodation as well as automotive trade. 

For trade space of 15 000m², a capital investment of R137 076 385 is required and will potentially create 481 employment opportunities.

Parking requirements for this extent of industrial development will require a total of 866 parking bays and parking infrastructure and landscaping cost will be approximately R20 604 745.

Office space

There is potential for developing between 5 000m² and 23 000m² office space over the next 15 to 20 years.

Office space of 23 000m² will require an approximate capital investment of R234 638 653 and create around 894 employment opportunities.

Parking requirements reflect a demand for 894 parking bays and parking infrastructure and landscaping cost will be approximately R100 112 492.

Industrial potential

Industrial demand modelling reflected a demand for between 0.45 ha and 3ha over the next 15 to 20 years. An industrial development with a size of 14 435m² will require a capital investment of R64 957 391 and create approximately 412 employment opportunities.

Parking facility requirements will be for 289 parking bays. Parking infrastructure and landscaping cost will be R5 254 331.

Residential potential

Demand modelling for residential potential in the Mamusa local municipality reflected a demand for an additional 750 residential units over the next 15 to 20 years.

The land available is not serviced. There are three options used by the municipality for land distribution:


  • Public-Private Partnerships (PPPs)

  • Leasing

  • Buying

The municipality invites formal letters of request accompanied by a formal proposal.

Types of economic activities

The types of economic activities that needs to be developed are as follows:


  • Agriculture

  • Development of a mall / shopping complex

  • Fuel stations

  • Manufacturing

  • Agri-processing

Contact

Interested parties are invited to CONNECT with the North West Development Corporation.

Below: Schweizer-Reneke farming lands

Key facts about this project

Region / country
North-West (South Africa)
Sectors
Agri-processing, Transportation, logistics and storage, Retail, Construction / engineering, Manufacturing , Commercial property development, Residential property development, and Agriculture, forestry and fishing
What type of investor are you looking for?
Professional private 'angel' investor , Bank / lending organisation , Venture / Private Equity , and Crowdsource
Type of funding sought
Equity (Purchase of shares)
Management presentation available
Yes
Prepared to deal with a syndicate of investors:
Yes
Business plan available
Yes
Company owner or broker
Owner
Investment stage
Early / concept stage - inviting expressions of interest
Investment amount
$ 384,678 - $ 17,178,257
Company founded
1992
Development stage of company
Later stage / mature

About the company

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North West Development Corporation (NWDC)

The North West Development Corporation (NWDC) is the centre of trade, investment, sustainable economic development & job creation in the North West Province.

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