Gauteng Business 2016 edition
The 2016 edition of the Gauteng Business and Investment Guide is the premier business and investment guide for the Gauteng province and the Gauteng Growth and Development Agency (GGDA). In addition to detailed profiles of key provincial organisations, including the GGDA, the Automotive Industry Development Corporation Centre (AIDC), the Gauteng Investment Centre, the Gauteng IDZ, the Gauteng ICT Park SEZ and Constitution Hill, this edition includes well-researched economic and demographic data on the province, as well as insights into the province’s five development corridors and the new industries and development nodes in these corridors; a focus on Gauteng as a global city region; and key growth sectors for the province.
The 2016 edition of the Gauteng Business and Investment Guide is the premier business and investment guide for the Gauteng province and the Gauteng Growth and Development Agency (GGDA). In addition to detailed profiles of key provincial organisations, including the GGDA, the Automotive Industry Development Corporation Centre (AIDC), the Gauteng Investment Centre, the Gauteng IDZ, the Gauteng ICT Park SEZ and Constitution Hill, this edition includes well-researched economic and demographic data on the province, as well as insights into the province’s five development corridors and the new industries and development nodes in these corridors; a focus on Gauteng as a global city region; and key growth sectors for the province.
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OVERVIEW<br />
Transport<br />
Public transport in <strong>Gauteng</strong> has undergone a complete makeover in recent times,<br />
with the likes of being a prime example of the power of possibilities.<br />
The notoriously busy highways of <strong>Gauteng</strong>s have experienced<br />
some easing of both congestion and pollution thanks to the<br />
roll out of the Gautrain and the BRT. Plans are also afoot to<br />
have a single ticketing system that incorporates busses, rail<br />
and metered taxis, which would be a game changer for the sector.<br />
The harmonious integration of all forms of public transport will offer<br />
passenger benefits such as shorter waiting times, reduced travel time,<br />
greater flexibility and accessibility. It will also allow passengers to plan<br />
their trips accurately thereby making public transport a mode of choice.<br />
Gautrain runaway success<br />
The high-speed rail system, Gautrain, has graduated beyond ferrying<br />
customers to and from the airport, and after two years is averaging<br />
32 000 passengers per day, and to over 50 000 daily currently. The<br />
recent increase in the usage of the Gautrain passengers shows that<br />
commuters are making a conscious shift from private car use to public<br />
transport, and that public transport is safe, reliable, accessible and<br />
affordable.<br />
The extension of the Gautrain Station platform at the OR Tambo<br />
International Airport will, upon completion, enable passengers<br />
to embark or disembark from a<br />
full four-car train set, which at<br />
present is limited to two cars.<br />
The extension, as part of the<br />
Concession Agreement with the<br />
Bombela Concession Company,<br />
is being implemented to make<br />
provision for future capacity<br />
options. Construction work to<br />
extend the platform has commenced<br />
and the anticipated<br />
completion date is mid-<strong>2016</strong>.<br />
An assessment of the economic<br />
impact of the Gautrain<br />
has been completed and the<br />
results are better than what we<br />
could have imagined. The results<br />
have shown that the Gautrain<br />
has created 34,800 direct job<br />
opportunities during construction<br />
and 922 sustainable jobs<br />
after the start of operations.<br />
The Gautrain has also re-activated<br />
property development<br />
in many areas around its stations<br />
and thus has contributed<br />
to the goals of transit oriented<br />
development, better land use<br />
and redress apartheid special<br />
development planning.<br />
Reports estimate that R46-<br />
billion in total GDP impact has<br />
been added to the provincial<br />
economy due to property development<br />
induced by the<br />
Gautrain, contributing a further<br />
245, 000 jobs. The value of property<br />
near Gautrain Stations has<br />
also appreciated substantial with<br />
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