An estimated 36 500 job opportunities to be created in eThekwini
EThekwini Municipality Deputy Mayor, Belinda Scott announced 36 500 possible job opportunities following an agreement between the municipality and Main Street 57 on Wednesday.
According to Wednesday’s press release from eThekwini Municipality, the agreement was to incentivise the Brickworks Development in the Avoca Development Node, in the North of Durban.
Scott said in terms of the socio-economic transformation, the Brickworks development will contribute towards tackling unemployment rate and creating job opportunities.
“An estimated 23 00 construction jobs and 13 500 permanent jobs could be created. The location of the Brickworks development, along with other developments in the Avoca Node, such as Caneridge and Rohill (Northfields), will create much needed employment opportunities for the surrounding communities like Mt Moriah, Duffs Road, Inanda and KwaMashu residential areas,” said Scott.
Investec Property have focused on guaranteeing that all contractual workers during the development period of the construction will be needed to create opportunities for nearby ventures wherever possible. This is to guarantee that Brickworks development contributes genuinely towards job creation and socio-economic transformation.
“As part of the city’s strategy to create a conductive environment for investment, it offers a substantial rate rebate to investors and developers. This forms part of City’s Rates Policy and Economic Development Incentivise Policy (EDIP) that aids investment in our city that contributes to job creation,” said Scott.
The EDIP’s plan is to position the Municipality as a favoured investment objective and focuses on supporting new investments based on their latent capacity and future commitment to monetary development, spatial recovery and employment creation within the municipality, as per the strategic objectives of the Municipality.
Investec Property Joint Chief Executive, David Rosmarin expressed gratitude regarding the development.
“EThekwini plays an integral role in the economy of South Africa, serving as the logistics hub and main entry port into the country. The Brickworks Development will further strengthen and enhance this role while stimulating regional economic development. Investec Property are proud to be part of this unique development and we thank Mayor Mxolisi Kaunda and City officials who contributed in bringing this project to fruition,” said Rosmarin.
Zakhele Masango, a resident in KwaMashu expressed excitement after hearing there will be job opportunities open for the public within the municipality.
“It has been long since I have been waiting to hear such news, I have been unemployed for 5 years. I will make sure to try my luck and hopefully I will get a job in construction as I have years of experience,” he said.