Promotor: Department of Economic Development
Estimated Project Cost: R361 million
Expected Delivery Model: PPP
Sector: Commercial Property
Status: Financial Close
Project Background and Scope
The Innovation Hub (TIH) is a Science Park offering a number of incubation programmes in the bio-economy (agro-processing, pharmaceutical, smart industries (ICT and advanced manufacturing) and green economy. The TIH operates a range of enterprise development, skills development and innovation enabling programmes. The project entails the design, construction, and financing of the site land parcel 4 called EB2 and land parcel 5 called EB3 in the Innovative Hub. This is the top structure to accommodate tenants fitting the hub tenant profile.