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PORT ELIZABETH, SOUTH AFRICA-Jayco Real Estate Investments of Alexandria, VA, has tapped Welkom native Thabang Lesaoana to be president of Jayco South Africa LLC, which is developing Madiba Bay, a luxury hotel/resort here that will host the tournament referees of the FIFA 2010 World Cup Games.

The specific plans for Madiba Bay include a five-star, 500-room hotel, airport upgrades in Port Elizabeth and other investments in tourism. All of the projects will be overseen by Lesaoana in cooperation with the government, says Jayco president Jay Cohen.

“[Lesaoana] will be among the leading lights to carry out the South African Government’s objective of seeing that Black Economic Empowerment Candidates reach the corporate level for the international markets,” says Cohen, who is expected to outline the importance of the project to the region in a Parliament speech this week.

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