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Mangaung Metro is on a drive of growing its economy and attract investors into the City. The sole metro in the Free State Province will host an Infrastructure Indaba ahead of its inaugural Investment Summit to be held from 19 to 20 February.
As part of the build up towards the Investment Summit, the Metro held a Property Indaba on 17 January 2025, in Bloemfontein, whereby property developers and academics were brought together to witness for themselves the investment opportunities available in the City.
The purpose of the Indaba was to commence engagements with property developers and the private sector on how best to identify investment opportunities in Mangaung Metro and create a conducive environment for investment.
Mangaung Metro will host a second build up event, the Infrastructure Indaba in Bloemfontein, at the City Hall from 8am from the 13th to 14th February 2025. The Indaba will be held under the theme; “Towards resilient Infrastructure that sustains investment and economic growth.”
The Indaba will attract expects in the field and potential investors as a build up to the ultimate event, the inaugural Investment Summit, where the City will woo investors on its available land and infrastructure and available investment opportunities, with the aim to grow its economy and create jobs within the metro.
Speaking to The Business Weekly last year in June regarding the upcoming Investment Summit, the Executive Mayor of Mangaung Metro Cllr Gregory Nthatisi said there are many attractive investment opportunities in the City, however, the tariffs are too high and are discouraging to investors. The Executive Mayor said they will have to come up with a way to overcome the tariff challenge.
“We are now also coming up with our economic investment summit where we are going to invite all the people of Mangaung to also give us direction as to how best we can invest and invite investors in Mangaung. One of the problems we are faced with is that our tariffs are pretty high to actually impress upon the investors to come in the City,” said Gregory Nthatisi.
