Local economy and job prospects are set for a massive lift following the official investment of a new malting plant in Sedibeng.

Midvaal Executive Mayor, Alderman Peter Teixeira, joined industry leaders on Thursday to celebrate the investment of R2b by Soufflet Malt South Africa dubbing it a bold strategic step towards a future driven by innovation and anchored in technology.

Teixeira attended the groundbreaking ceremony on Thursday. The new facility is set to strengthen the brewery and agri-processing value chain.

“This investment in our region represents a significant move towards economic growth, job creation, and long-term community development.”

According to Teixeira, the plant will also stimulate local businesses by sourcing materials and services from nearby suppliers, including both commercial and emerging farmers, thereby boosting economic activity in the area.

“This investment is a powerful catalyst to move Midvaal, which has a strong agricultural base, towards industrialisation. The investment is also a vote of confidence in our region, highlighting that we are open for business, supportive of innovation, and committed to inclusive economic growth.”

Teixeira highlighted that the MLM administration remains committed to creating a conducive environment that will attract investment and create opportunities for all.