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Tongaat Hulett Developments 400,000 square metres of commercial space and 4,500 residential apartments in a range of sizes and specifications. Umhlanga Ridgeside is a similar flagship project which will transform Umhlanga, with a mix of residential, commercial and leisure developments. The complex is expected to attract a total of R8 billion to R10 billion in investment to the area and will generate 65,000 construction- related jobs at its height, in addition to permanent employment for some 16,000 people. THD is also the driving force behind the massive proposed Sibaya complex. This extends over 855 hectares of coastal land comprising pristine beach and forest conservation and recreation areas as well as resort and eco- tourism activities, with at least five boutique hotels. Jollands points out that THD has been involved in many commercial and industrial projects. Although the Tongaat Hulett business has a high profile in the Durban area, it also has a presence in the wider South African Development Community. Tongaat Hulett has interests in Swaziland and Zimbabwe and also in Mozambique, where it has been a major force in developing the country's sugar industry in partnership with the Government. As a listed company on the Johannesburg Stock Exchange with a long and successful track record, Jollands believes that the quality of Tongaat Hulett's financial credentials is a major attraction to potential partners. Some initiatives are developed on an independent basis, but increasingly the emphasis is on partnership working, particularly in association with local and regional government. South Africa is attempting to offset the impact of the January 10 www. bus- ex. com 61 " We always try to balance the operational requirements of our agricultural interests with the opportunities inherent in making the transition to property development"