14 INVESTMENT
14 INVESTMENT OPPORTUNITIES PIXLEY KA SEME DISTRICT MUNICIPALITY PROJECT SECTOR JOBS INVESTMENT VALUE Vehicle Testing Station, Hopetown Transport and logistics Temporary jobs in construction phase; permanent in operational phase R30-million Tiger’s Eye Mining Revival Mining and minerals Not determined R2-million Douglas Resort Tourism Not determined R500 000 Colesberg Caravan Park Tourism Not determined Not determined Umsobomvu Cultural Village Tourism Not determined Not determined Trapies Dam Resort Tourism Not determined Not determined Kruit Huis Art Gallery Tourism Not determined Not determined Umsobomvu LM Golf Course Tourism Not determined Not determined Umsobomvu LM Olive Tree Project Manufacturing Not determined Not determined Colesberg Quarry Manufacturing Not determined Not determined Vanderkloof Holiday Resort, PPP Tourism 40 R100-million Vanderkloof Fisheries Food security 20 Not determined Vanderkloof Aquaculture Farming 30 Not determined Emthanjeni LM Brick manufacturing Manufacturing 20 Not determined
15 INVESTMENT OPPORTUNITY VICTORIA WEST AERODROME Rehabilitation and development of Victoria West Aerodrome PROJECT LOCATION Victoria West, Ubuntu Local Municipality. PROJECT BACKGROUND The Victoria West Aerodrome is strategically situated between the N12, N1 and R63. It was the fuelling aerodrome for flights from London to Cape Town in the 1950s and has significant historical value. TARGETED SECTORS • Agriculture • Drone facilities and flying school • Export through aviation • Aviation • Logistics and distribution • Car rental DESCRIPTION OF THE PROJECT Rehabilitation and development of existing Aerodrome to service businesses, tourism and projects within a 300km radius of Victoria West. Develop the Aerodrome with a fire station to service the Aerodrome and the local municipality. JOBS Short term: 500 construction phase Long term: 150 permanent jobs INVESTMENT VALUE Immediate: R10-million Short/medium term: R55-million Long term: R25-million Total: R100-million PROJECT FINANCE Grant funding is required for the terminal building and runways. Equity funding is required for the warehousing and logistics buildings, hangers and flying school facilities. PROJECT STATUS A 22-year lease agreement has been signed with the Ubuntu Municipality. All suspensive conditions have been met. PARTNERSHIPS The Rural Aerodrome Company (Pty) Ltd will investigate all partnerships. CONTACT DETAILS Caroline Ungersbock CEO, Sustainable Tourism Partnership Programme Tel: 082 880 6250 Email: caro@caroskaroo.co.za
