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Well i heard that all the products thats produced will only be for export , the refinery will be the most modern so with the least pollution , but we'll just have to wait , on a smaller note , after a few years the new john ross high way between Empangeni and RB is close to completion , they building a bridge which don't know the lenth but i do know that it will be the longest bridge in south africa ,
 

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Discussion Starter · #42 ·
Peermont to expand in Richards Bay, Klerksdorp
28 Sep 2007 - Inet Bridge -

Intro
Peermont plans to develop a new casino, hotel and conference facility in Richards Bay and a new hotel and conference facility in Klerksdorp

South African gaming, hotel and entertainment group Peermont plans to develop a new casino, hotel and conference facility in Richards Bay and a new hotel and conference facility in Klerksdorp.

Peermont said on Friday it has a casino licence bid commitment to construct a hotel and certain ancillary facilities adjacent to its casino in Empangeni, KwaZulu-Natal.

A feasibility study was undertaken to establish the viability of the casino and new facilities in Richards Bay leading to the decision to relocate the Tusk Umfolozi Casino at Empangeni to Richards Bay - the fastest growing metropolitan area in South Africa.

The new casino, hotel and conference facility in Richards Bay, to be constructed at an expected cost of R220 million, is designed to include 300 slot machines, 16 tables, a Metcourt hotel consisting of 80 rooms and suites, a 400 seat conference center, a restaurant and show
bar.

The company has tendered for land in Richards Bay and, if successful, will immediately commence the process of obtaining the necessary Environmental Impact Assessment approvals.

Subject to the necessary approvals from the local authorities and the KwaZulu-Natal Gambling Board, construction is expected to commence in the second quarter of 2008 and the resort is planned to open in the last quarter of 2009.

In Klerksdorp, Peermont is required to construct a hotel and ancillary facilities at its Rio Casino as part of a casino licence bid commitment made to the North West Gambling Board (NWGB).

Following market research and a feasibility study as to the optimum size for the hotel, Peermont has approved the construction of a 70 room Metcourt hotel, a 300 seat conference centre, a new restaurant and an enlarged kitchen to serve the increased requirements of the complex.

The total cost of this project is budgeted at R65.5 million.

Construction is expected to commence in the last quarter of 2007 and the resort is planned to open in the last quarter of 2008, subject to the necessary approvals from the local authorities and the NWGB.

Anthony Puttergill CEO of Peermont said both the Richards Bay and Klerksdorp regions are currently experiencing rapid economic growth, which he believes will underpin sustainable demand in the years ahead for our expanded hotel, gaming and conference facilities in these
areas.

"The fact that both hotels are larger than required in terms of our casino licence bid commitments is evidence of our confidence in the growing demand for hotel rooms as a result of increased domestic and international tourism levels in South Africa," he added.

Both developments will create a variety of new employment opportunities for local citizens and will contribute to the growth of local, regional and international tourism in South Africa, he added.


I-Net Bridge
 

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South Straddie QLD
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Thanks, well here's some detail about the refinery in R Bay






The first official steps towards the proposed R43-billion oil refinery in Richards Bay have been taken in controversial circumstances.

In August last year, the Zululand Observer announced plans by Drako Oil & Energy Corporation to build the refinery, which would be the largest single construction project ever undertaken in South Africa.

Must be 4.3 billion me thinks cos 43billion is like the entire GDP
 

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Discussion Starter · #48 ·
All moving on well, according to last reports i read construction had started and expansion plans were already underway. They are also in the process of securing land nearby for their motor assembly plant
 

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South Straddie QLD
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wow , we need someone from RB to take pics of all this stuff happening there
 

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BITTER HEART NEVER REST
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Siyathenga Acquires Major Shopping Centre in Richards Bay
18 Oct 2007 - Siyathenga Property Fund -

Intro
JSE-listed Siyathenga Property Fund Limited announces that it has signed an agreement with Pangbourne Properties to purchase the extension to the existing Boardwalk Shopping Centre in Richards Bay, KwaZulu Natal, for an amount of approximately R465 million

Siyathenga has also invested over R50 million in the refurbishment of the existing centre to increase its appeal to shoppers.

The acquisition, together with Siyathenga’s ownership of the existing Boardwalk Shopping Centre, brings the total value of its investment in the Boardwalk to approximately R700 million.

Commenting on the transaction, André von Bülow, Managing Director of Siyathenga Property Fund says, “Richards Bay is experiencing unprecedented growth as a result of its popularity as a port facility and business centre and the existing retail facilities are insufficient to meet the current and anticipated future demand. The existing Boardwalk Shopping Centre, together with its extension, will have a total lettable area of over 66 000 m2 and will, in addition, have an extremely strong tenant mix. All these factors will ensure that the asset will deliver robust and sustainable growth to linked unitholders. The extension to the Boardwalk Shopping Centre is due to open in April 2008.”

“This acquisition is in line with Siyathenga’s long-term objective to grow its asset base with quality urbanised retail properties. With this increase in the size of our portfolio, our asset base will stand at over R2.25 billion,” concludes Von Bülow.
 

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Space Cadet camera crew
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Casino In Richards bay

Hi guys,

Just wondered if anyone knows if the casino development in Richards bay is going ahead. I live in Richards bay and I just cant keep up with all the new things happening here. Tata's plant looks near completion and the new spooping center development stage "one" opened just before Christmas....now we dont have to go to Durbs to shop!:)
 

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Discussion Starter · #52 ·
haha. the casino move is definately going ahead. have not been to RB in over 12 years
 

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South Straddie QLD
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hey leftfoot introduce yourself in the thread under shabeen and sports and what about some pics of the development in RB.
Lived there in 1996 while doing the prison in Empangani
 

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Space Cadet camera crew
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Yes, I did some telephone line cabling in the Empangeni prison.....nightmarish!:eek:hno: Will see if I can get some photies in.....perhaps some aerial ones. Currently busy with a safety DVD for Exxaro (mineral sands plant in Empangeni), planning a helicopter flyover soon.:)

Good about the Casino. Hope they add some serious alternative entertainment for familys and kids. The churches have been known to shut things down here, they dont see the value of family entertainment rather concentrating on the evils of gambling!
 

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South Straddie QLD
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when i lived there we 'won" the tender for the casino which was just before the tuzi gazi waterfront but somehow it fell through.l Seems strange that such a fast growing town or might I say small city , has no casion yet newcastle etc have them.
 

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here's a RB Casino pic

when i lived there we 'won" the tender for the casino which was just before the tuzi gazi waterfront but somehow it fell through.l Seems strange that such a fast growing town or might I say small city , has no casion yet newcastle etc have them.
well... the plan is for the new R250 million Casino & Hotel to go up at the waterfront - as orignially planned...

here's a pic I managed to source from the ZCB... don't know if you guys have seen it before....



I think it is quite cool and the casino and waterfront will benifit from each other...

as an aside ... - related to another KZN development - RE: the issue of Suncoast in essence under-investing in its site from being a "world-class attraction" point of view ...

Methinks the Durban central casino site should have been at the Point Waterfront - with this ... investment would have streamed into that area much faster and the area would attract a lot more locals and visitors ...
breaking the 'point perceptions' challenge sooner...

the suncoast site is one of the most valuable sites on the Durban golden mile and with big global hotel group's now eyeing KZN, that site would have surely been picked up by one of them for a city-style resort ...
apparently Marriott/Notae were originally looking for some sort of similar site closer to the city... but everything was tied up in some way or another...
so when they came across ridgeside they jumped at it because of the scale of the property (overlooking, but minum direct links to the sea)

imagine if we had a atlantis-type hotel (the one with the bridge linking one hotel tower to another) on the suncoast site ...
[just the hotel not the whole atlantis resort).... it would have been fantastic...

the main focus for suncoast will always be the casino - and the gaming board should have stood firm on orignal licence conditions...

(a bit over the top here, perhaps more suited for a rant on the Durban thread)...
 

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Explore
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Nice looking casino for RB!! I like the fact that it's not too "themey".

I agree Suncoast has taken up a prime spot and largely wasted it on a giant parking lot. Suncoast as a whole is a cheap and tacky waste of space which hasn't lived up to any of the promises it made. I wish the city was able to take away it license and award it to a more deserving candidate as the city has lost a great opportunity.
 

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South Straddie QLD
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no that wasent the design. Iyt was a full on zulu theme like that one in Durban.

this is much better, thats the status on this?
 

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BITTER HEART NEVER REST
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Nice looking casino for RB!! I like the fact that it's not too "themey".

I agree Suncoast has taken up a prime spot and largely wasted it on a giant parking lot. Suncoast as a whole is a cheap and tacky waste of space which hasn't lived up to any of the promises it made. I wish the city was able to take away it license and award it to a more deserving candidate as the city has lost a great opportunity.
I think the city need to make sure that they attract more investors in that area but leave the Casino as it is. It would be good for the city to have all entertaiment areas spread across the city unlike all of them being centralised at the point. By the way this is just my opinion. The business must also play its role as they are the victims of less business.

I believe that there is a potential in Durbs but the city need to get it hands dirty and come up with the strategy of making sure that the whole stretch from the stadium passing at the casino up until the Point attracts tourist.

The route that the People Mover takes should be the main tourists attracting route.
 
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