ADVERTISEMENT:

 

Council secures R103 million project

 

News - Date: 21 February 2003

LOUIS TRICHARDT – History was made on Tuesday with the signing of a historical development agreement between a Chinese development company based in South Africa and the Makhado Municipal Council.

The agreement between Wealsweet Estate Development and the local Council entail the development of a coloured steel metal steel and plastic processing plant in Extension 5 on Council land. The land has been vacant for more than twenty years and consists of fourteen industrial erven comprising 14,4ha, which were sold to the development group for an amount of just over R288 000. At this stage the draft development plans make provision for the construction of four factory units, each comprising 11 880m². The estimated value of the development is in excess of R103 million and will create over 200 local job opportunities in what is to be known as the Makhado Industrial Park.

Tuesday's singing of the Deed of Sale and Development agreement between the two parties will be followed up with the signing of a Twinning Agreement between the Makhado Municipal Council and the DanDong Municipal Government in the Peoples Republic of China in March this year. It will bring to an end months of negotiations between the two countries. Construction on the factories is said to commence shortly after the singing of the Twinning Agreement and will in all probability be finalised by December this year. Unless there are technical delays, it is estimated that the factory will be fully operational by January 2004.

The product to be manufactured by the factory is unique in the sense that it has not been manufactured in South Africa and many other countries. It has also not been available in the South African market. The product can be used for both walling and roofs for any type of building. The material is watertight and provides excellent insulation against both heat and cold and is guaranteed fade free for up to forty years. According to earlier reports, 60% of the factory's production will be exported to other countries.

Tuesday's singing of the agreement, held at the Mountain View Hotel, was attended by the Municipal Manager, Mr Reuben Rambado on behalf of Council and Mr Hui-yu Tian, Chairman of Wealsweet Estate Development.

 

Written by

Andries van Zyl

Andries joined the Zoutpansberger and Limpopo Mirror in April 1993 as a darkroom assistant. Within a couple of months he moved over to the production side of the newspaper and eventually doubled as a reporter. In 1995 he left the newspaper group and travelled overseas for a couple of months. In 1996, Andries rejoined the Zoutpansberger as a reporter. In August 2002, he was appointed as News Editor of the Zoutpansberger, a position he holds until today.

Email: [email protected]


Search for a story:

 

ADVERTISEMENT

 

Recent Articles

Moyo starts a new life by selling his jujube

News: 31 August 2024

The economic conditions in Zimbabwe forced Tanaka Moyo (40) to legally seek greener pastures in Musina. He opted for a unique business plan, selling the wild jujube fruit to make a living. The fruit, called masau in Shona, is better known as mazwilu in Tshivenda.

Makonde women make jam from wild fruits to help create jobs

News: 31 August 2024 By Victor Mukwevho

As the unemployment rate in South Africa continued to rise, a group of women from Makonde village decided to start a community-based project to create job opportunities for themselves. However, it is very difficult to continue with the project without support from the government or the private sector.

At age 104, war veteran Sadiki only wishes for a toilet inside his house

News: 31 August 2024 By Maanda Bele

At the age of 104, William Masindi Sadiki still has many stories to tell. Some of these are about his experiences during World War II, when he was part of the North Africa campaign. He is one of the few black soldiers from that era still alive, and he proudly pins his war medals on his chest on formal occasions.

Rivoni School for the Blind nearing completion - at last

News: 31 August 2024 By Thembi Siaga

The Rivoni School for the Blind in in Njakanjaka village in the Vhembe District has 167 learners from Grade R to Grade 12. The school was started in 2016 by the Rivoni Society for the Blind, founded in June 1975 at Elim Hospital by late Swiss doctor Erwin Sutter. The society later transferred responsibility for the school to the Department of Education.

 

ADVERTISEMENT: