Jozi CBD plans unveiled

Johannesburg - Plans to build a new city centre in Modderfontein were unveiled in Johannesburg on Wednesday.

“We are excited about the opportunity to develop a new Gauteng CBD, strategically located and linking integral parts of the province, providing a platform for further social and economic growth,” said Shanghai Zendai Property Ltd founder and chairman, Dai Zhikang.

The City of Joburg is in contravention of both the Consumer Protection Act (CPA) and the Prescription Act by pursuing thousands of customers with debts older than three years, according to the DA.Photo: Karen Sandison. Credit: INDEPENDENT MEDIA

The development includes a central business district, international conference, exhibition centre, entertainment centre, sports centre, and education and training centre.

“Our vision for the Modderfontein new city is that it will become a unique landmark that will transform Modderfontein into an international cosmopolitan asset with a cultural and art element,” Dai said.

In November, the Hong Kong company acquired 1600 hectares of land in Modderfontein to build a new city.