The City of Tshwane has successfully secured R 86 billion in investment pledges aimed at key sectors, including tourism, construction, property development and road infrastructure. The announcement was made by the Executive Mayor of Tshwane, Cllr Nasiphi Moya, during the Tshwane Investment Summit held on Wednesday, 10 September 2025, a pivotal event designed to activate the City’s vision of inclusive economic growth for Tshwane.
In her keynote address, Cllr Moya outlined ambitious targets to grow the Tshwane economy by 3,9% by 2029. The investment pledges exceeded the initial target of between R17 billion and R26 billion in total new investment.
Cllr Moya framed the urgent need for investment by highlighting a critical public funding gap. She explained that at the current average of R2,5 billion in annual capital investment, it would take 36 years to fund the infrastructure Tshwane needs over the next decade alone. “That is a gap we cannot close through public funding alone,” she stated, describing the circular challenge the city faces: Expanding the capital budget requires growing revenue through more jobs and businesses, yet investors require reliable infrastructure before they commit their resources.
The practical roadmap to achieve these goals is the Tshwane Economic Revitalisation Strategy (TERS). The strategy identifies ten priority sectors, including the targeted areas of tourism, construction and property, as well as the automotive industry, agriculture and the digital economy. A central pillar involves unlocking a portfolio of underused City-owned assets for investment.
These strategic sites include the Rooiwal and Pretoria West Power Stations, Pretoria Showgrounds, Wonderboom National Airport, Tshwane Market and Bon Accord Quarry. Furthermore, parcels of land and over 30 derelict buildings in the inner city are being released on a transparent, quarterly cycle for redevelopment.
To ensure investor confidence, the Executive Mayor outlined key administrative reforms. The Strategic Investment Committee (STRIC) fast-tracks high-impact projects, the New Application Process System (NAPS) cuts red tape and the VIP Business Line gives investors direct access to decision-makers.
Cllr Moya concluded by acknowledging the existing business community’s resilience, citing recent data that showed businesses in Tshwane created an impressive 71 000 new jobs – accounting for 85% of all new jobs in Gauteng – in a recent 12-month period. She stated that this achievement, coupled with the R86 billion investment pledges, is a powerful vote of confidence and a clear sign that the city’s revitalisation is firmly underway.