Gauteng province has met its target of R200 billion in new investment pledges at the Gauteng Investment Conference 2026 in Johannesburg. This raises total pledges to over R500 billion toward a three-year goal of R800 billion. Officials highlighted progress in converting prior commitments into jobs and infrastructure.
At the second Gauteng Investment Conference 2026 held in Johannesburg, the province announced it had achieved its goal of mobilising R200 billion in fresh private sector investment commitments. MEC for Economic Development, Agriculture and Rural Development Vuyiswa Ramokgopa stated that last year's inaugural event secured over R312 billion across more than 60 projects, leading to 90,000 jobs created.
Ramokgopa emphasised the need to turn pledges into bankable projects. "This year, ladies and gentlemen, we set ourselves a target to mobilise R200 billion in new investment commitments. I am proud to say that we have achieved this. But mobilisation of these pledges... is only the beginning," she said.
Deputy President Paul Mashatile described Gauteng as the premier destination for investors. "Johannesburg has long been the economic gateway of Southern Africa and today it stands as the financial, industrial, and logistic hub that seamlessly connects African markets to global markets," he noted, calling for strategic partnerships between government, business, and investors.
Outgoing MEC for Finance and Economic Development Lebogang Maile reported that nearly a third of last year's pledges have become active projects, including upgrades to energy systems, industrial capacity, and transport corridors. "We have moved decisively from pledges to projects... unlocking tens of billions of rand into the real economy," Maile said.