President Cyril Ramaphosa will officially launch the Atlantis Special Economic Zone (SEZ) at a ceremony to be hosted on December 6 in Atlantis, Western Cape Province.
“The launch of the 124.5-hectare area is designated for the establishment of a green technologies hub in the Western Cape, this follows the confirmed designation of the Atlantis SEZ status which was approved by cabinet on 8 June 2018.
Minister of Trade and Industry, Dr Rob Davies says that the SEZ is designated for the manufacturing of green technologies, alternative waste management, energy efficient technology, alternative building material and many other clean technologies.
A combined R1.8bn is expected to be invested in the SEZ by 2022, with the creation of 1 200 direct job”
“We have identified the Green Economy, together with agri-processing and tourism, as key sectors under the Western Cape’s economic strategy, Project Khulisa. It focusses on sectors that prioritise jobs for young people, has a significant jobs impact in rural areas and opportunities for people with entry-level skills,” says Premier Zille.”
For the complete article including time-frames please refer to Independent On Line