Expression of interest: development of 92.44ha Property near ifafa beach interchange – 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 the remainder of portion 1 of the farm elysium NO. 15582, in extent 92.4433 Hectares, which is owned by sctie and is situated directly adjacent to the ifafa beach interchange of the n2 national freeway in the umdoni local municipality. 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. 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, 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.