Media statement - Cradlestone Interchange set to unlock major developments in the West Rand.pdf

Roads and Transport Owners Department of Roads and Transport 2022/03/30 - 22:00


Cradlestone Interchange set to unlock major developments in the West Rand

 

Gauteng MEC for Public Transport and Roads Infrastructure, Jacob Mamabolo, today met with West Rand Private Property Developers to discuss transport infrastructure-related developments to support their planned projects in the area.

 

Topping the agenda was the construction of the Cradlestone Interchange, meant to accommodate additional traffic volumes anticipated as a result of the construction of the Muldersdrift Precinct Development.

 

The precinct will mainly comprise residential, commercial, educational and light industrial developments.

 

The Department is partnering with private property sector to develop a R600 million road network that, on completion, will unlock investments worth R12 billion in the area.

 

Triple 3 Group - a development and consulting engineering company – is set to enter into a Public Private Partnership (PPP) agreement with the Department on behalf of the Cradlestone Northern Precinct Development Consortium.

 

The consortium consists of Triple 3 Group, TBCD developments (Werner van Zyl), Absa Devco & Craft Homes, Renico, Boukorp, Jose Aguilar and PVB Rietvallei amongst other developers.

 

The MEC was able to share with developers the Department’s progress on road infrastructure projects in the area, adding that plans were at an advanced stage for the construction of an interchange over the N14.

 

"Increased road capacity around this area will ensure that traffic volumes brought about by the population growth post-development are met. It is through partnerships and investments in road infrastructure like this one that our Smart Mobility vision of growing the economy through seamless movement of goods and services becomes a reality. Our engagements with private sector players also serve as a tool to identify gaps in the delivery of projects and provide proactive interventions to fast-track delivery of road infrastructure to unlock the economy in the western corridor," Mamabolo explained.

 

He added that the Department is confident the introduction of the Digital Turnaround of Transport Infrastructure which includes the Daily Reporting Tool, Project Management Dashboard, Project Readiness Matrix as well as the Transport Infrastructure Compliance Office will ensure the project is completed on time, within budget and of good quality.

 


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Media statement - Cradlestone Interchange set to unlock major developments in the West Rand.pdf

Published 2022/03/30 - 22:00

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