RDP Housing Project

With 1.9 million South African households in need of decent housing this RDP housing project supports the construction of low cost housing units with solar geyser installations for the Department of Human Settlements of the South African Government.

The project is government based. All project payments as per approved National budget.

Location: Rustenburg, South Africa

Funding required:

• First phase funding: US$13.4m (ZAR228 million)

• Total project: US$116.4m (ZAR1,98 billion)

• Project completion 3,5years

Rustenburg 10,012 housing units  US$ 70m (ZAR 1 161 392 000)

Rustenburg 7,870 Geysers               US$ 7m (ZAR 118 050 000)

Rustenburg associated services   US$ 38m (ZAR 620 558 000)

Boshoek low cost housing       US$ 37m (ZAR 615 000 000)

Various other projects   US$664m (ZAR 11 000 000 000)

TOTAL ESTIMATED VALUE OF PROJECTS ON HAND US$816m

(ZAR 13,5 billion)