​Staff Writer
Investor confidence has brought in an additional R12.5 billion in investments for Gauteng, significantly exceeding the R300 billion target initially set by the Gauteng Provincial Government for the investment conference. 
During the inaugural Gauteng Investment Conference held on April 2, 2025, Gauteng MEC for Finance Lebogang Maile announced that the province had secured pledges totalling R312.5 billion.
MEC Maile said the investment call was heeded by more than 300 local and international investors who recognise the strategic importance of partnering with the province. The investors are geographically spread across five continents. 
"From South Africa, we have received pledges amounting to R179 billion. We have pledges from the United States of America amounting to R51.4 billion. In the European Union, pledges have been received from France and Estonia totalling just over R2.8 billion," explained Maile. 
In addition, the province has received pledges amounting to R30 billion from the United Kingdom and R650 million from Switzerland.
"Pledges from India amount to R4.9 billion, while those from Pakistan amount to R5 billion. From Australia, we have received pledges totalling R1.8 billion. 
"Pledges received from China amount to R2 billion, while multi-national companies have pledged just over R34.7 billion," the MEC said. 
Maile said the funds pledged would be directed towards specific projects across all five development corridors of Gauteng.
The Central Corridor will receive R174.9 billion of the share, the Eastern Corridor R36 billion, the Northern Corridor R13 billion, the Southern Corridor R42 billion, and the Western Corridor R23.7 billion. 
The broader Gauteng City Region, which extends beyond the boundaries of the Gauteng Province, and is a wider urban region of smaller centres and population concentrations in parts of the Northwest, Mpumalanga and Free State provinces, has received pledges of R21.5 billion. This reflects a total of just over R312 billion.
MEC Maile said 60 projects across 15 sectors and subsectors have received the investment pledges. 
Seven projects in the agro-processing sector have received investments amounting to R22.7 billion, while 12 projects in the manufacturing sector have received a total of R15.3 billion. The manufacturing sector is at the core of the Gauteng Provincial Government's re-industrialisation strategy. 
In the energy sector, five projects have received a total of R4.9 billion, while R80.7 billion has been pledged towards six projects in the ICT sector.
A total of R2.9 billion has been pledged towards three mining sector projects, while five projects in the transport and logistics sector have received RR39.7 billion in pledges. 
In the property development sector, 11 projects have received R123.7 billion in investments, while three projects in the automotive industry have received R9.8 billion. A total of R4.1 billion has been pledged to 2 projects in the steel sector.
R144 million has been pledged to a key water and sanitation sector project that will significantly alleviate the water security challenges faced by the Gauteng Province, while R550 million has been directed towards an agricultural sector project that will aid with food sovereignty in the province. 
A pledge of R225 million has been received for a project in the retail sector, while R250 million has been received for a project in the health sector. A total of R2.6 billion has been pledged for a chemical sector project. 
About R5 billion has been pledged for a project in the aviation sector that is the anchor of the Aerotropolis in the province's Eastern Corridor.