R62,5 m bonanza for Ladysmith
The grant would provide the funds for an access road to Ezakheni through Acaciavale and Mthandi to Pieters, as well as establishing a Commercial Precinct for Ezakheni.
Municipal officials and councillors were ecstatic over the grant, and believed that the much needed commercial development in Ezakheni would become a reality.
The primary focus of the grant was to stimulate and accelerate investment in poor, under served residential neighbourhoods such as townships by providing technical assistance and grant financing for municipal projects that have a distinct private sector element in the project.
To read the full article, click here..
To read the ePaper, visit:
http://epaper.ladysmithherald.co.za/TL/TL/2008/11/18/index.shtml
Labels: accelerate investment in poor, bonanza for Ladysmith, commercial development, Ladysmith Municipality, Neighbourhood Development Planning Grant, technical assistance
