Expression of interest: development of erven 572 & 997, hibberdene – kwazulu-natal

South coast tourism & investment enterprise soc (rf) (“sctie”) hereby invites suitably qualified, experienced and financially capable private-sector developers, investors, operators and development consortia to submit expressions of interest for the development of portions of erven 572 and 997, hibberdene, in extent approximately 14 968 square metres, which are owned by the ray nkonyeni local municipality and over which sctie holds a long-term lease of thirty years with an option to extend for a further thirty years. Sctie is the economic development and investment facilitation arm of the ugu district municipality. In carrying out its mandate, sctie seeks to unlock the development potential of the property assets under its control by attracting capable private-sector partners able to bring forward viable, sustainable and investment-ready development proposals that contribute to economic growth, employment, enterprise development and skills development in the ugu district. Nature of this call this document is a call for expressions of interest only. IT is not a request for proposals, a tender for the appointment of a service provider, or an offer to lease, sublease, sell or otherwise dispose of any property. Its purpose is to identify credible respondents with whom sctie may engage further, and to establish a shortlist of respondents to be invited to a subsequent stage of the process. NO respondent acquires any right, preference or expectation of an award by submitting an expression of interest, and sctie is not obliged to proceed to any further stage.