Mashatile: Gauteng key to turning R1.5tn investment pledges into jobs and industrial growth
By Mandla Mpangase South African Deputy President Paul Mashatile has positioned Gauteng as the critical engine for converting South Africa’s record investment pledges into tangible economic outcomes, urging faster implementation, stronger partnerships, and a renewed focus on industrialisation. Addressing the 2026 Gauteng Investment Conference on Thursday, 9 April 2026, Mashatile said the province would play a central role in delivering on the commitments secured at the recent South African Investment Conference 2026, where approximately R890-billion in pledges were announced in a single day. The latest commitments push total investment pledges since 2018 to well over R1.5-trillion, prompting the government to set a new national target of R3-trillion in the years ahead. From pledges to implementation Mashatile stressed that the credibility of South Africa’s investment drive would depend not on headline figures, but on execution. “The true value lies in delivery – translating commitments into factories, infrastructure, energy capacity, and above all, jobs,” he said. In this context, Gauteng, South Africa’s largest contributor to GDP and a gateway to regional and global markets, has been identified as the primary platform where many of these projects will be implemented and scaled. The Gauteng Investment Conference, he noted, serves to “localise investment, accelerate execution, and remove obstacles at project level”, effectively bridging the gap between national ambition and on-the-ground delivery. Aligning national priorities with provincial strengths Mashatile said many of the investments announced at the South African Investment Conference align directly with Gauteng’s economic strengths, including advanced manufacturing, energy, logistics, digital services, and infrastructure development. The province’s industrial base, financial system, skilled workforce, and connectivity position it as a natural hub for large-scale project rollout. “This conference moves us from national pledges to provincial pipelines, from policy certainty to site readiness, and from investor intent to operational delivery,” he said. A new model of industrialisation Framed under the theme Re-industrialising Africa’s Gateway, Mashatile outlined a modern approach to industrialisation built on four pillars: Investment lifecycle approach Mashatile said the Gauteng Investment Conference is evolving into a full investment lifecycle platform, covering project origination, preparation, financing, implementation, and delivery. Government’s role, he said, is to de-risk investment through policy certainty and regulatory efficiency, crowd in private capital, and ensure accountability through project tracking and coordination across all spheres. “Credibility is built not on what we announce, but on what we deliver,” he said. Call for public-private partnership The deputy president called for deeper collaboration between government, business, and development finance institutions to unlock large-scale investment. He urged businesses to invest in skills development, support localisation and integrate small enterprises into value chains, while positioning themselves as “co-architects” of South Africa’s industrial future. Investors, meanwhile, were encouraged to view South Africa, and Africa more broadly, not as a risk, but as a long-term growth opportunity. “Africa is not a risk story; it is a growth and return story,” Mashatile said. Gauteng as a gateway to Africa Reaffirming Gauteng’s strategic importance, Mashatile said the province offers a combination of returns and resilience, underpinned by a skilled workforce, established infrastructure, and a commitment to enterprise development. He concluded with a call to action for all stakeholders to move decisively from commitments to implementation. “Let this conference mark a turning point, from commitments to implementation, towards integrated growth that is inclusive, sustainable, and transformative,” he said.









