Fairscape Media Pre-Launch

BDC Managing Director pre-launched Fairscape Precinct to the media in August 2015.  Mr Bashi Gaetsaloe shared future developments of Fairscape which includes a hotel development in the area.   The MD shared the BDC journey and vision as well as update the audience on BDC’s five year strategy. “BDC has embarked on an ambitious strategy to turn around the business and the five year strategy is on the right track to remain profitable.” Said Mr Gaetsaloe.

He emphasised that the Corporation with a balance sheet worth P3.6 billion and spread across 40 companies will now put more focus on industrialisation, pioneering new industries and stimulating the private sector growth. He indicated that the Corporation will drive diversification and exports.  Mr Gaetsaloe concluded that BDC is now looking into investing in large scale projects which are worth P30 million and above.

In his presentation, Mr Bafana Molomo, BDC Chief Operations Officer, gave a background of Fairscape precinct as a development of mixed use concept consolidating, retail, office and residential space.  All these places are within one area to promote the spirit of work, play and live. He further explained that the future development of a five star hotel will see one of Africa’s biggest brand. Mr Molomo confirmed that Fairscape Precinct has won two Fulton Awards conferred by the Concrete Society of South Africa for its architectural innovation in the use of concrete. The Fairscape story was concluded with a tour of the building where the media got an appreciation of the hotel space, the piazza and BDC headquarters.