11.04.2026
Latest

Gauteng secures R200bn in new investment pledges

5 mins



  • Delegates gathered at the Gauteng Investment Conference 2026.

Gauteng has managed to meet its target of R200 billion in new investment pledges at its second Gauteng Investment Conference 2026 held in Johannesburg. This brings the total investment pledges to over R500 billion, a step closer to the province’s investment target of R800 billion over a three year period.

MEC for Economic Development Agriculture and Rural Development, Vuyiswa Ramokgopa, says last year’s pledges were secured across 60 projects which enabled the creation of 90 000  jobs in the province.

Ramokgopa announced that Gauteng has now mobilised over R500 billion in private sector investment commitments. She says what is critical now is the conversion of these investments into bankable projects.

“This year, ladies and gentlemen, we set ourselves a target to mobilise R200 billion in new investment commitments. I am proud to say that we have achieved this. But mobilisation of these pledges, as we’ve heard from various speakers today, is only the beginning. At the inaugural conference, over R312 billion in pledges were secured across more than 60 projects enabling the creation of over 90 000 jobs.”

Deputy President Paul Mashatile says Gauteng remains the premier destination for investors seeking both high returns and economic resilience.

“Johannesburg has long been the economic gateway of the Southern Africa and today it stands as the financial, industrial, and logistic hub that seamlessly connects African markets to global markets. However, we recognise that the next phase of growth demands deliberate strategic partnerships amongst government, business, and investors.”

 

Outgoing MEC for Finance and Economic Development, Lebogang Maile, says the province is successfully converting previous pledges into tangible infrastructure projects and job creation. Maile says that nearly a third of last year’s pledges have already transitioned into active projects.

These include critical upgrades to energy systems, industrial capacity, and the province’s transport corridors.

“We have moved decisively from pledges to projects. As of this year, a meaningful portion of those commitments has already entered implementation, unlocking tens of billions of rand into the real economy, into infrastructure, into industrial capacity, into energy systems, and critically into jobs. This is not incidental. It is the result of a deliberate model, a model that treats investors not as once of engagement, but a life cycle.”

 

Related News