Investment opportunities in Mamusa Local Municipality (Schweizer-Reneke, North West)
Industrial, commercial and residential opportunities in Mamusa Local Municipality
The Mamusa Local Municipality (MLM), within the Dr Ruth Segomotsi Mompati District in the North West province offers a number of investment opportunies. The municipality comprises the towns Schweizer-Reneke and Amalia. The types of economic activities include agriculture, development of a mall, fuel stations, manufacturing and agri-processing.
Mamusa Local Municipality has the potential to accommodate additional trade space between 2 000m2 and 15 000m2 over the next 15 to 20 years. Trade types include wholesale and retail trade, catering and accommodation as well as automotive trade. For trade space of 15 000m2, a capital investment of R137 076 385 is required and will potentially create 481 employment opportunities. Parking requirements for this extent of industrial development will require a total of 866 parking bays and parking infrastructure and landscaping cost will be approximately R20 604 745.
There is potential of between 5 000m2 and 23 000m2 office space over the next 15 to 20 years. Office space of 223000m2 will require an approximate capital investment of R234 638 653 and create around 894 employment opportunities. Parking requirements reflect a demand for 894 parking bays and parking infrastructure and landscaping cost will be approximately R100 112 492.
Industrial potential in Mamusa:
Industrial demand modelling reflected a demand for between 0.45 ha and 3ha over the next 15 to 20 years. An industrial development with a size of 14 435m2 will require a capital investment of R64 957 391 and create approximately 412 employment opportunities. Parking facility requirements will be 289 parking bays and parking infrastructure and landscaping cost will be R5 254 331.
Residential potential in Mamusa:
Demand modelling for residential potential in the Mamusa local municipality reflected a demand for an additional 750 residential units over the next 15 to 20 years.
The land available is not serviced. There are three options used by the municipality for land distribution, namely: public private partnerships (PPP), leasing, or buying. The municipality invites formal letters of request accompanied by a formal proposal.
Interested parties are invited to contact the NWDC’s investment office on 014 594 2570. Ask to speak with Mr Lovemore Makunike.
Infrastructure development opportunities in the North West Province
Land development opportunities exist in the City of Matlosana area of the North West Province, providing investors an array of opportunities.
Interested parties are invited to contact the NWDC’s investment office on 014 594 2570. Ask to speak with Mr Lovemore Makunike.