GP govt secures over R320bn from Gauteng Investment Conference
In April, the provincial administration hosted international delegates with the aim of attracting investment to Gauteng.
Gauteng Premier Panyaza Lesufi (C) briefing the media on 22 May 2025. Picture: Alpha Ramushwana/Eyewitness News
JOHANNESBURG - The Gauteng government said it has secured more than R320 billion from the recent Gauteng Investment Conference.
In April, the provincial administration hosted international delegates to attract investment to Gauteng.
The funds are intended to support job creation and boost development within the province.
At a media briefing on Thursday, Gauteng Premier Panyaza Lesufi assured the public that the government would ensure the funds are used effectively.
“We managed to raise R320 billion from companies that cut across our continent, but a majority of them come from our BRICS nations, and we really welcome these commitments.
“We are now starting to convert these pledges into tangible job opportunities, and you will see that Gauteng will be turned into a construction site. We want to thank these institutions for believing in our vision.”