Vision & Mission

The Vision of the GPF is:

“GPG’s co-funder and enabler of Mega Projects in Gauteng”.

This Vision encapsulates the main elements of the revised mandate of the organization, i.e.  serving as the capital raising and the implementing agent of identified Mega Projects in Gauteng.

 

The  Mission of the GPF is:

“To efficiently, effectively and timeously:

  • Implement its mandate as informed by the GPG and the GDHS,
  • Perform its core functions to achieve its strategic outcome oriented goals and strategic objectives, and
  • Provide its financial partners with a sound return on investment”.

 

The mandate encapsulates three (3) core functions; namely:

  1. Raise and manage the capital required for successful implementation of identified Mega Projects and specific brownfields developments within the context of urban renewal, in the Gauteng Province.
  2. Provide project management services, and serve as a turnkey developer on strategic public land, for the successful implementation of identified mega-projects in the Gauteng Province.
  3. Provide property development, management and maintenance services in respect of identified strategic brownfield urban renewal developments to generate the additional revenue required by GPF.

Mandate

In support of GDHS’ mandate, the new mandate of GPF is:

“To serve as the financing, development and implementing agent for integrated, sustainable human settlement developments within the five development corridors of the Gauteng City Region”

More specifically, GPF’s mandate comprises the following key roles/functions:

 

  • Fundraising and investment facilitation: Use of public sector funding to leverage additional funding and facilitate capital flows into sustainable human settlements through the formation of strategic partnerships with local and international donors, development finance institutions and private sector partners;
  • Project Financing: To facilitate an equitable risk sharing and project financing model;
  • Project Funding Packaging: Development of bankable feasibility studies and innovative funding interventions to entice capital market investment in human settlements projects;
  • Project development and implementation, in terms of:
  • Coordination and Oversight – project management, monitoring and evaluation of project implementation by private sector developers and contractors.
  • Development – turnkey planning and execution of Mega Projects primarily but not exclusively on public owned land.
  • Life cycle management of immovable assets (land) transferred to GPF: Identification of strategic land parcels, acquisition and/or transfer as facilitated by GDHS, maintenance and security, develop, operate, and transfer ownership/management where applicable.

 

Defn:  Integrated, sustainable human settlements are inclusive of New Towns, Mega Human Settlement Projects, new post-Apartheid cities and all related infrastructure investments and developments (across sectors) that contribute to the spatial transformation and reconfiguration of the GCR. This may include projects related to the provision of student accommodation and the regeneration of existing inner cities.

In this context, GPF summarises its Value Proposition (Purpose) as follows:

“To support spatial transformation and the development of integrated, sustainable human settlements across the GCR through strategic partnerships, innovative funding solutions and effective project development, implementation and land management”

Based on the above, GPF’s vision, mission, and values have been formulated to provide overall direction and inspiration in meeting and exceeding the mandate.

What we do

The five (5) Strategic Goals of the GPF to 2018/19 are as follows:

 

  1. A visible, reputable and preferred partner in the affordable housing market;
  2. Affordable housing delivered in support of governments programme of special transformation, sustainability and inclusivity;
  3. An enhanced capital position, optimised financial management and good governance for the GPF.
  4. A high performing and values-driven organisation; and
  5. A well governed, compliant and integrated organisation.

 

The 5 Strategic Outcome-Orientated Goals will enable the Gauteng Partnership Fund to effectively focus and prioritise its options in delivering on its mandate.