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Acquired a new desalination plant to meet water demand at Cape Town’s V & A waterfront

Cape Town’s V & A Waterfront will acquire a new desalination plant to ensure freshwater supply at tourist hotspots in the event of a future crisis affecting South Africa’s second largest city.

Growth Point Properties, the country’s largest publicly traded real estate company, has received approval for a 3.3-liter facility and construction is expected to begin in the first quarter of next year, according to a statement Thursday. According to the Johannesburg-based company, the project is expected to be completed by 2024.

The plan will be four years after the prolonged drought forced authorities to impose strict measures on water consumption to avoid water disruptions. Water scarcity is a problem across South Africa, both due to climate change and mismanagement of infrastructure by local governments.

Small desalination plants were introduced in Cape Town in 2018 to try to avoid a full-scale emergency, but they were intended for short-term use.

Growthpoint said tourists are finally starting to return to V & A after a long blockade and travel ban associated with the coronavirus crisis. In October, about 1.6 million people visited scenic retail stores and dining hubs. This is 28% more than the previous month, close to three-quarters of the pre-pandemic level.

Transnet, a state-owned port group, said in another statement that it was the first cruise ship set to dock at the end of the season, which could be further improved. Cape Town’s economy is captivated by the iconic Table Mountains, pristine beaches and winelands, and is heavily dependent on vacationers.

V & A is also a popular spot for businesses, and Growthpoint is building a new Cape Town headquarters for creditor Investec in the area.

Real estate companies are still struggling with the impact of pandemics on traditional office space, with vacancy in Johannesburg Habu in Sandton rising to 21% in the three months to September.


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Acquired a new desalination plant to meet water demand at Cape Town’s V & A waterfront

Source link Acquired a new desalination plant to meet water demand at Cape Town’s V & A waterfront

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