Sibaya, KwaZulu-Natal | Thursday, 19 June 2025 - KwaZulu-Natal Premier, Honourable Thamsanqa Ntuli, officially unveiled the Sibaya Coastal Precinct today—a landmark R6 billion development that is expected to generate over 70,000 jobs within the next five years. The unveiling ceremony took place at the heart of the precinct, symbolising a new chapter of growth, infrastructure expansion, and economic revitalisation for the province.

Strategically located along the North Coast, between Umhlanga and Umdloti, the Sibaya Coastal Precinct is set to become one of South Africa’s premier mixed-use developments. The project includes residential, commercial, hospitality, and green space components, designed to integrate luxury living with sustainable urban planning. Once complete, the development is expected to attract significant domestic and international investment, boost tourism, and support local economic development.

Speaking at the ceremony, Premier Ntuli praised the developers for their long-term vision and commitment to the province’s growth. He noted that this investment marks a significant vote of confidence in KwaZulu-Natal’s economic resilience and potential.

“This development is not just a construction project—it is a statement that KwaZulu-Natal is open for business,” said Premier Ntuli. “It demonstrates what can be achieved when the public and private sectors come together with a shared purpose of creating opportunity and prosperity for our people.”

The Premier emphasised that the Provincial Government of Unity is actively working to create an enabling environment for investment through intensified efforts to combat crime, improve infrastructure, and streamline development approvals.

“We are strengthening our partnerships with law enforcement and community safety structures to ensure this is a province where investors feel secure, and communities thrive. Fighting crime and lawlessness is not just a safety issue—it’s an economic priority,” he added.

In addition to job creation, the precinct is expected to provide a substantial boost to the construction, property, retail, and tourism sectors. The project will also support emerging businesses and contractors, with dedicated efforts to include local SMMEs and empower historically disadvantaged communities through enterprise development programmes.

The unveiling forms part of the province’s broader vision to reposition KwaZulu-Natal as South Africa’s leading coastal investment destination, driven by smart infrastructure, inclusive economic growth, and strategic partnerships.

Premier Ntuli also used the occasion to thank all partners involved in the development, including the eThekwini Municipality, investors, contractors, and community stakeholders. He reaffirmed the government’s commitment to working closely with the private sector to fast-track high-impact investments across the province.

“As we celebrate one year of the Provincial Government of Unity, this project stands as a tangible outcome of what we can achieve together. Let this be a beacon of what is possible when we invest not only in infrastructure, but in the future of our province and its people.”

The Sibaya Coastal Precinct is expected to serve as a blueprint for future coastal developments, embodying a bold vision of progress, sustainability, and socio-economic transformation in KwaZulu-Natal.