DTI reiterates Aerosud presence at CAV
The Department of Trade and Industry (DTI) has reiterated that Aerosud occupies a building in the Centurion Aerospace Village (CAV).
“Assertions by the Democratic Alliance that this is not the case are baseless,” said the DTI on Monday.
This as it was reported that the chairperson of the privately owned aircraft components and aerostructure company denied it was a tenant at CAV.
“While Aerosud does have other land and buildings adjacent to the land and building belonging to government, it occupies the main CAV building and has a lessor/lessee relationship with the CAV,” explained the department.
Certain formalities related to the Head Lease Agreement between the CAV, the DTI, the Department of Public Works and the City of Tshwane, which were put on hold during the audit process are being finalised to enable rental payment, it said.
“It is a fact that the bulk earthworks at the CAV were stopped. This arose because some existing and incomplete contracts were terminated as a result of the forensic audit.
“A process to ensure that the all the regulatory barriers to begin the bulk earthworks again and adjudicate the necessary tenders is in place,” the DTI said.
All the recommendations of the audit have either been completed or are in the process of being completed to legal requirements, including with respect to the recovery of funds and ongoing processes involving allegations of fraud and corruption.
This after allegations of corruption, fraud and reckless tender appointments surfaced about the CAV in a DTI mandated forensic report into the project.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...
VISIT SHOWROOM
For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
