Urban Lime represents city at global awards
Category Company News
Work by commercial urban regeneration specialists Urban Lime Properties within the City of Durban, was nominated for a United Nations Award by Invest Durban, the eThekwini Municipality unit for promoting inward investment, for meeting sustainable development goals in 2017.
The Award's aim is to recognise and disseminate global best-practice in promoting and facilitating foreign direct investment of specific special development goals. Urban Lime Properties was the United Nations invited, eThekwini supported, nominee for the awards 2017. The ceremony for the Awards took place on 20 November 2017 in Geneva, Switzerland.
In summary, Economic Development and Durban Investment Promotion for eThekwini Municipality has assisted and supports Urban Lime's investment of R1.2bn (Eur 77m) since 2014, with further planned investment of R1bn in the next 18 months. This has resulted in significant changes to high-rise, main-street and iconic buildings, and key nodal precinct redevelopments along selected priority corridors, resulting in the creation of more than 450 jobs and renewed confidence in the City of Durban.
"Urban Lime is honoured to be representing eThekwini Municipality and KwaZulu-Natal, showcasing best-practice within the commercial urban regeneration sector on the world stage. We are proud to live, work, invest and represent the extrordinary and vibrant city of Durban," said Nadeem Shahid, managing director of Urban Lime, Durban.
"Economic Development and Durban Investment Promotion for eThekwini Municipality is proud to support the foreign direct investment of Urban Lime Properties which is re-imagining and revitalising central Durban. Visionary investment by global players is much-needed in eThekwini and the Durban Investment Promotion is here to assist and partner with companies like Urban Lime who combine a forward-thinking ethos, expertise and investment to reshape our city," said Zakhi Mkhize, Inner City Project Manager, Economic Development and Durban Investment Promotion for eThekwini Municipality.
Author: Berea Mail