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KWAZULU-NATAL: A PROVINCE OF PROMISE

KwaZulu-Natal (KZN) has faced its share of challenges in recent years, yet it remains a province brimming with potential, resilience, and growth opportunities. From infrastructure upgrades to booming urban development, KZN is proving that it's not only standing strong but well-positioned for a bright future.

 

Economic Growth & Building Boom

Signs of KZN's growth are everywhere. As the only province to report an increase in the value of building plans passed year-to-date, KZN reflects growing confidence in its property market and a robust commitment to regional development. This trend is bolstered by initiatives like the eThekwini Municipality's Economic Development Unit (EDU) and Urban Development Zone (UDZ) incentives, which draw investment and spur development. Not only does this fuel KZN's economy, but it also creates jobs, empowering the local community.

 

Major Infrastructure Investments Pave the Way for Growth

The N2 and N3 road infrastructure projects represent the largest road upgrade campaign undertaken by the government in decades. This R50 billion investment includes the improvement of 135km of critical routes across east, west, north, and south KZN. By enabling smoother movement of goods between provinces, these roadworks enhance KZN's accessibility and connectivity, fostering economic growth across the region. Beyond the roads, this initiative has also provided essential training to 1,000 young people in various fields, including civil engineering, quantity surveying, and artisanal trades.

In addition, the eThekwini Municipality is actively investing in bulk infrastructure, supporting the creation of the "City of the West" in Durban, a new commercial, tourism, and retail hub set to attract approximately R15 billion in investment over the next decade, with R3.5 billion already in place.

 

Revitalizing Durban's Iconic Stadium

As part of his recent 100-day progress report, Mayor Cyril Xaba highlighted the significant upgrades planned for the Moses Mabhida Stadium. With R236 million allocated to enhance this iconic venue, upgrades include a new viewing platform with a cantilevered glass floor, a new and accessible sky car, improved big swing and zip line experiences, and a panoramic compression ring walk. This revitalized venue will continue to host major events, while providing an exciting range of adventure activities to enhance Durban's appeal to locals and tourists alike.

 

Tourism Growth and Global Recognition

Tourism remains one of KZN's strongest assets, drawing visitors to its stunning beaches, mountains, and vibrant cultural scene. Construction has recently commenced on South Africa's first Club Med eco-resort, located in Tinley Manor. This future resort is set to offer a one-of-a-kind experience, blending beach relaxation with opportunities to explore Big Five bush adventures. Valued at R2 billion, the resort is expected to attract global tourists, as Club Med markets this destination to 50 million potential visitors worldwide.

The KZN South Coast has further solidified its reputation as a premier seaside destination, retaining the highest number of Blue Flag Beaches in the province. Iconic beaches such as Marina and Trafalgar have earned Blue Flag status for over two decades, a testament to the region's commitment to conservation and safety. This recognition supports local job creation and positions the South Coast as a top choice for the upcoming festive season.

 

A Province United for a Prosperous Future

KZN's establishment of a government of national unity reflects its commitment to collaborative growth and inclusive progress. This unity is key to building a forward-thinking province, one prepared to meet challenges head-on, fostering a stable environment for economic development and social advancement.

 

KZN: The Province of Choice

KwaZulu-Natal is more than just a destination; it's a thriving hub of progress, resilience, and pride. From booming urban growth and landmark infrastructure projects to the energy of championship rugby, KZN is on the rise. It's a province where opportunity is ripe, and where every new development builds a stronger, brighter future.

At Wakefields, we are proud to be part of KZN's journey, confident that the best is yet to come for this incredible region. Together, let's embrace the opportunities ahead-KZN is truly the province of choice.


31 Oct 2024
Author Myles Wakefield
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