In his Budget Speech 2018, South African Finance Minister Malusi Gigaba used Bridge City as an example of a successful public-private partnership which is leading to social and economic transformation. “On a visit to the Bridge City hub in eThekwini, I saw first-hand the transformative potential of coordinated public investment in reviving township economies through public and economic infrastructure investments and catalysing private sector investments,” noted Gigaba. Bridge City, situated in the Durban North region, is a mixed-use urban precinct, linking adjacent areas to each other and the wider metropolitan region. “We partner with varying levels of government to realise transformation and growth,” says Mike Deighton, Tongaat Hulett Development Managing Director. “We have invested in this development together with the city because we have a deep understanding of the challenging socio-economic profile of our region.

Source: The North Africa Journal February 22, 2018 08:48 UTC