The metro has approved the 30-year Ekurhuleni Aerotropolis master plan, paving the way for a socio-economic impact projected at R8.1-billion per annum.<\/p>\n
The aerotropolis\u2019 catalytic projects, using labour-intensive scenarios, promise massive job creation and are set to change the landscape of joblessness in the metro and the wider Gauteng province.<\/p>
The executive mayor of Ekurhuleni, Mzwandile Masina, said the aerotropolis is envisaged to be a game-changing intervention that will facilitate spatial, economic and social transformation, repositioning the regional economy as an ideal destination for trade, investment and tourism.<\/p>\n
\u201cThe City of Ekurhuleni, the Gauteng Provincial Government and the Airports Company South Africa have embarked on the development of the Ekurhuleni Aerotropolis,\u201d Masina said.<\/p>
\u201cThis programme is a deliberate growth trajectory that aims to reposition and enhance the value proposition of the Gauteng city region, with a particular emphasis on the Ekurhuleni regional economy as the footprint of the first aerotropolis on the African continent.\u201d<\/p>\n
The Ekurhuleni Aerotropolis will leverage on the presence of OR Tambo International Airport, which handles 19-million passengers a year and has the capacity for 60-million passengers.<\/p>\n
OR Tambo International also handles 83 per cent of all air cargo movements in the country, thus playing a critical economic role for South Africa, Gauteng and Ekurhuleni.<\/p>\n
The 30-year master plan, the mayor said, has been developed to identify projects \u2013 in sectors such as retail, aerospace, advanced manufacturing, logistics and distribution, research and development, health and life sciences \u2013 that will act as enablers of an economic turnaround.<\/p>\n
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ALSO READ:<\/span><\/p>\n Wheelie bins, erratic refuse collection frustrate residents<\/a><\/p>\n Residents want answers over 48-hour event<\/a><\/p>\n <\/p>\n Furthermore, the mayor indicated that critical road infrastructure networks are being prioritised to unlock the footprint of the aerotropolis to enable mobility, integration and densification.<\/p>\n \u201cOR Tambo International Airport is in a good position to accelerate its logistic and air cargo activities regionally.<\/p>\n \u201cThe airport is already a gateway for the transit of high value time-sensitive products, such as electronic equipment, as well as textiles and footwear for nearby countries,\u201d Masina said.<\/p>\n At the centre of the master plan is a redesign of the metro\u2019s layout, with infrastructure and economic activities to be centred on the airport.<\/p>\n Masina explained that the funding of the Ekurhuleni Aerotropolis project will require a multi-layered approach that is capable of leveraging on the financial capabilities of the private and public sector.<\/p>\n The funding plan calls for strategic partnerships between all stakeholders through a systematic integrated development planning process in order to deliver the strategic objectives of the aerotropolis.<\/p>\n These stakeholders will include the government, development finance institutions, property owners, developers and investors, research and development agencies, higher learning institutions, external funders and underwriters.<\/p>\n <\/p>\n Have a story?<\/strong><\/p>\n Contact the newsroom by emailing: Melissa Hart (Editor)\u00a0<\/span>germistoncitynews@caxton.co.za <\/a><\/strong>or Leigh Hodgson (News Editor)\u00a0<\/span>leighh@caxton.co.za.<\/a><\/strong>\u00a0<\/span><\/p>\n Remember to visit the Germiston City News on the following social media platforms:<\/p>\n Facebook<\/a><\/strong><\/p>\n Twitter<\/a><\/strong><\/p>\n Instagram<\/a><\/strong><\/p>\n YouTube\u00a0<\/a><\/strong><\/p>\n Or add the GCN on\u00a0<\/b><\/span>WhatsApp 079 406 1181<\/strong>\u00a0<\/span>or\u00a0BBM (BBM Pin: 7F102137)<\/strong>\u00a0<\/b><\/span>today, to get all the latest news.<\/p>\n Catch-up on more local news with our sister newspapers\u00a0<\/span>Bedfordview Edenvale News<\/a><\/strong>,\u00a0<\/span>Alberton Record<\/a><\/strong>\u00a0and\u00a0<\/span>Kempton Express<\/a><\/strong>.<\/p>\n