Real Estate Investor Magazine South Africa February/ March 2020 | Page 2

Developing
Joburg’s infrastructure
“The City of Joburg has a R100 billion war chest to invest on infrastructure
development. This countercyclical investment is expected to help sustain jobs and
prevent the City from going into a recession. We challenge business to match the
City rand for rand in this stimulus package, which will have a huge multiplier effect.”
COJ
– Councillor Geoff Makhubo, Executive Mayor of the City of Johannesburg
www.joburg.org.za
CityofJoburg
@CityofJoburgZA
CityofJohannesburg