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Aspire General Small Town Regeneration Corridor Intervention Suppliers Reports
Profile | Project | Opportunities

Alice Opportunities

The regeneration of Alice presents many business opportunities for potential investors. Two property investments already in the pipeline, to be implemented soon are the:

  • Expansion of the Kwantu Shopping Centre in Alice (Novate Property Investments);
  • Development of off-campus student and staff accommodation (Neverland Properties);
  • Revamping of the BP service station at the entrance to the town.
  • A 24 unit walk up rental housing apartment development (by Khela Properties)

Other opportunities include:

  • Residential property, e.g. social, low income and middle income housing (Aspire has undertaken a study to quantify the demand).
  • Commercial property, in particular office space for professional services
  • Hotel and conferencing facility (Aspire has undertaken an economic feasibility study to determine the size and scope required)
  • Processing of local agro-produce such as dairy, Nguni beef & leather, essential oils, medicinal herbs, etc.
  • In the citrus value chain there is a move towards diversifying into more high value products such as Pomegranates and avocadoes.
  • Investments in agricultural production in fertile Tyhume river valley
  • Youth enterprise development support
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