The South African Department of Public Works and Infrastructure (DPWI) has invited private-sector investors to participate in the redevelopment of the Telkom Towers complex, Public Works House and Central Government Office in Pretoria, South Africa. The department has published a Request for Information (RFI) to gather proposals from the private sector on the technical, commercial and financial feasibility of redeveloping these underutilised government-owned properties. The wider precinct is expected to attract approximately ZAR 4.5 billion (US$270.4 million) in private investment and create around 12,700 construction jobs.

The Telkom Towers redevelopment is estimated to cost between ZAR 1.8 billion and ZAR 2.2 billion and will involve the refurbishment of all nine buildings in the complex. Upon completion, the development is expected to provide approximately 106,000 square metres of gross leasable space, which could accommodate government departments and private-sector tenants. The government also anticipates saving nearly ZAR7 million per month in expenses associated with the unused property. The wider redevelopment programme aims to regenerate the Tshwane inner city, improve the utilisation of state-owned assets and generate rental income for the government. The proposed project may be implemented through a PPP, potentially following a rehabilitate–operate–transfer model. Under this arrangement, a private-sector partner would undertake the refurbishment and potentially operate the facilities for an agreed period before transferring them back to the state under the contract terms. Responses to the RFI will inform the next procurement stages, including a Request for Qualification (RFQ) to identify technically and financially capable companies, followed by a Request for Proposals (RFP) from shortlisted bidders. The government has not yet announced a successful bidder or awarded the redevelopment contract.

However, the proposed redevelopment has raised accountability concerns in Parliament over the property's troubled history. The complex was originally acquired to accommodate the national headquarters of the South African Police Service (SAPS), but it has remained largely unused since 2015 despite substantial expenditure on acquisition, renovation and maintenance. Reports indicate that the state has spent approximately ZAR 1.4 billion on the property, with an estimated ZAR 776 million in financial losses linked to historical mismanagement. Parliament's Portfolio Committee on Public Works and Infrastructure, chaired by Carol Phiri, has called for a comprehensive forensic investigation to establish the causes of the losses, identify those responsible for any irregularities and recommend corrective action.