Real Estate Investor Magazine January/February 2024 Edition | Page 60

COMPANY PROFILE entities such as the Public Investment Corporation ( PIC ), the National Empowerment Fund , TUHF , and Future Growth , showcasing its fund management experience . Beyond financial partnerships , the GPF has developed critical skills in structured financing , project packaging , and investment facilitation .
Positioning itself as the preferred partner to government , property developers , and co-funding partners , the GPF boasts a history of promoting economic empowerment . This includes offering preferential rates to BBBEE-accredited developers , providing a range of attractive products , and stimulating job creation and local economic development through funded projects .
Lebogang Maile , the MEC for Human Settlements and Infrastructure Development , underscores the government ' s role in identifying infrastructure project opportunities that attract private sector investment . He notes , “ Our role as government is to identify infrastructure project opportunities that can draw in private sector investment , deal with systemic and structural challenges that are a hindrance to the construction sector playing its optimum role in economic recovery and development and remove any regulatory bottlenecks that frustrate infrastructure and human settlement projects .”
Transformation of living conditions The MEC stresses that the GPF ' s existence is geared towards aiding the implementation of human settlement projects with maximum social return , attracting greater private sector investment , and catalysing economic development and growth within the province .
Thus , the organisation ' s strategic focus not only addresses the immediate housing challenges but also presents a significant opportunity for property developers to participate in the transformation of living conditions in the province .
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