The Western Cape is set become the green technology hub of South Africa with launch the Atlantis Special Economic Zone (SEZ) this week.
Trade and Industry Minister Rob Davies says the 124.5-hectare area has been designated for the manufacturing of green technologies, alternative waste management, energy efficient technology, alternative building material and many other clean technologies. He notes that in line with the department’s industrials policy the Atlantis SEZ will contribute to job creation. “A combined R1.8 billion is expected to be invested in the Atlantis SEZ by 2022, with the creation of 1 200 direct jobs. A total of 24 000 full-time equivalent jobs are also expected to be created in the SEZ’s 20-year lifespan. This is in line with our Industrial Policy and will contribute towards the objectives of the National Development Plan,” Davies says.Planning ahead
In 2011, the Western Cape provincial government, in partnership with the City of Cape Town, established a manufacturing hub for green technologies in Atlantis, which attracted large investors even before the designation was official. “Four of these investors are already operational, with more expected to take occupancy within the SEZ in future once when the facility is fully operational. This development will also allow the people of Atlantis to become involved in economic opportunities right on their doorsteps, and play an integral part in growing their economy,” the minister highlights.The Atlantis community will be given priority in terms of job opportunities and opportunities for Small, Micro and Medium Enterprises (SMMEs).
