Posted: August 4, 2023
The Serenity Hills R800 million eco-estate in Margate, KwaZulu-Natal meant to attract foreign investment while uplifting local communities in the mid-South Coast has been included in the South African Economic Reconstruction and Recovery Plan after being honoured by President Cyril Ramaphosa at the 5th South African Investment Conference in April this year.
Serenity Hills was selected for attracting both national and international interest, contributing significantly towards the country’s socio-economic goals of creating sustainable jobs, driving back inequality, and positioning the region as a key investment destination.
Serenity Hills launched Phase 1 in the second half of last year and has already sold 50% of its units, with national and international buyers also coming from Canada, the United Kingdom, Switzerland, and Germany.
Through the Sweetdale Skills Centre, the development is also investing in local communities to revitalise the area. There are several community-driven projects already underway, with 100 jobs already created at Serenity Hills which fosters an environment conducive to job creation.
The Deputy Ministers in the Presidency, Mr Kenneth Morolong and Ms Nomasonto Motaung today led a media tour in KwaZulu-Natal to showcase the South African investment projects based in the province.
The Development Director of Serenity Hills, Mr Sam Wenger said that they are grateful to all the representatives of government and members of the media for visiting Serenity Hills in order to get a first-hand experience of the work being done on the sustainable eco-estate.
“For there to be any real growth in the area, we need to include everyone in the development’s success, which means upskilling, educating, and employing local communities,” said Wenge.
This has been evidenced by several key community upliftment projects at Serenity Hills, which includes The Packshed Restaurant, an award-winning, world-class culinary institution that has been operating since 2017. Local community members have already undergone culinary and hospitality training and enjoy employment at this fusion restaurant, which in itself is a major tourism drawcard for the area.
Other Serenity Hills beneficiaries include an electrical technician who is now employed by a large local electrical business; a carpentry trainee who has since opened his own coffin business and a trainee chef working in The Packshed Restaurant.
The 120-hectare eco-estate itself offers residents secure living in 600 residential units, and has created employment in construction, with long-term job opportunities for locals available on-site. Serenity Hills boasts facilities such as the Clubhouse, the Infinity Bar, and The Bistro, nature trails, Yoga and Pilates spots, bowling greens, a volleyball field, a golf driving range, a tennis court, and on-site medical care.
From Left – The Director of Regional Industrial Development at the Department of Trade, Industry and Competition (the dtic), Mr Thami Klassen with Deputy Ministers in the Presidency, Ms Nomasonto Motaung and Mr Kenneth Morolong during a site visit at Serenity Hills in Margate, KwaZulu-Natal.
Bongani Lukhele – Director: Media Relations
Tel: (012) 394 1643
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E-mail: BLukhele@thedtic.gov.za /email@example.com
Issued by: The Department of Trade, Industry and Competition (the dtic)
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