financial year the RBIDZ has successfully attracted investment to the value of R2.34 Billion. With the previously signed investment of R4.56 Billion, this makes the RBIDZ to be the first IDZ in the country to sign seven investment projects to the total value of R6.89 billion within two years. The aim is to expanded Industrial development beyond the borders of Richards Bay to the remainder of the District. It will ensure Spatial Equity and employment opportunities in the Rural Areas of the District. The Richards Bay National Ports Authority prepared a 30-year Port Expansion Plan for Richards Bay that will create economic spin-offs for the District in the future. King Cetshwayo’s mandate is governed by its Integrated Development Plan, which has the following strategic thrusts: Strategy 1: Municipal Transformation and Organizational Development – here we have worked hard to transform the workforce, through appointment of capable, skilled employees and a strong management team. Strategy 2: Municipal Financial Viability and Management The clean audit – record and our healthy financial status speaks volumes in this regard. Strategy 3: Good Governance and Public Participation the district has a – robust public participation programme to engage the community on all issues that require public comment. These include our engagement with Amakhosi, roadshows to review the IDP and budget and stakeholder engagement sessions. Strategy 4: Infrastructure Development and Service Delivery The lion’s – share of our capital budget is allocated to service delivery and we are implementing the regional bulk scheme programme to link all areas to our water supply. I have also earlier highlighted our partnership with DWS on inter-municipal water supply projects. Strategy 5: Basic Services Provision The projects for this financial year will be – discussed in detail shortly.
financial year the RBIDZ has successfully attracted investment to the value of R2.34 Billion. With the previously signed investment of R4.56 Billion, this makes the RBIDZ to be the first IDZ in the country to sign seven investment projects to the total value of R6.89 billion within two years. The aim is to expanded Industrial development beyond the borders of Richards Bay to the remainder of the District. It will ensure Spatial Equity and employment opportunities in the Rural Areas of the District. The Richards Bay National Ports Authority prepared a 30-year Port Expansion Plan for Richards Bay that will create economic spin-offs for the District in the future. King Cetshwayo’s mandate is governed by its Integrated Development Plan, which has the following strategic thrusts: Strategy 1: Municipal Transformation and Organizational Development – here we have worked hard to transform the workforce, through appointment of capable, skilled employees and a strong management team. Strategy 2: Municipal Financial Viability and Management – The clean audit record and our healthy financial status speaks volumes in this regard. Strategy 3: Good Governance and Public Participation – the district has a robust public participation programme to engage the community on all issues that require public comment. These include our engagement with Amakhosi, roadshows to review the IDP and budget and stakeholder engagement sessions. Strategy 4: Infrastructure Development and Service Delivery – The lion’s share of our capital budget is allocated to service delivery and we are implementing the regional bulk scheme programme to link all areas to our water supply. I have also earlier highlighted our partnership with DWS on inter-municipal water supply projects. Strategy 5: Basic Services Provision – The projects for this financial year will be discussed in detail shortly.