“Government departments and public sector agencies from across the spectrum of infrastructure, housing and finance played a role in bringing the public and private elements of the commercial and industrial property sector closer together,” explains Gopal.
While some departments set up exhibition stands and handed out marketing material, others were there to present, discuss and network. Exhibitors included the Department of Housing, City of Tshwane, IDZ East London, ACSA and the National Treasury.
“Many public sector participants were there to share ideas, new initiatives, and give project updates,” adds Gopal.
Monhla Hlahla of the Airports Company South Africa (ACSA) spoke on the challenge of getting SA’s gateways ready for the 2010 World Cup – including the long-awaited new airport at La Mercy north of Durban.
“The time for property players to partner with ACSA is now,” said Hlahla.
National Treasury’s Tshwiyo Yenana presented a thought-provoking look at how the perception of run-down, low-value township properties is being challenged by the reality of vibrant, busy commercial property development in places like Cape Town’s Khayelitsha and Johannesburg’s Alexandra.
A pivotal part of his presentation was a look at the Treasury’s Neighbourhood Development Partnership Grant, which could help open new opportunities for commercial and industrial developers keen to capitalize on the new development buzz.
In addition to sending a delegate, the national Department of Housing won a merit prize for its exhibition stand in the well-attended Expo - and the department sponsored the busy media room too.
Key public sector catalytic initiatives like the East London Industrial Development Zone (IDZ) made sure they were at the convention, to update the property industry as well as network with interested developers.
Ultimately, says Gopal, a successful property marketplace pivots on a successful engagement between the private and public sectors.
“Judging by the support for the Convention by the public sector and government, the industry can look forward to some firm partnerships going forward.”