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Western Cape Business 2019 edition

A unique guide to business, investment and tourism in the Western Cape. The 2019 edition of Western Cape Business is the 12th issue of this highly successful publication that, since its launch in 2005, has established itself as the premier business and investment guide for the Western Cape Province. The Western Cape has varied investment and business opportunities. In addition to the regular articles providing insight into each of the key economic sectors of the province, there are special features in this journal on the big impact which the relatively new maritime sector is having, together with tourism and events and renewable energy. The potential for independent generation is an exciting new avenue for local authorities. Western Cape Business contains interviews and messages from business leaders from Accelerate Cape Town, the Cape Chamber of Commerce and the Western Cape Business Opportunities Forum. Tim Harris, the CEO of Wesgro, outlines the successful investment attraction strategies that his organisation has been adopting. To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.westerncapebusiness.co.za. Updated information on the Western Cape is also available through our monthly e-newsletter, which you can subscribe to at https://www.globalafricanetwork.com/subscribe/, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.

A unique guide to business, investment and tourism in the Western Cape.
The 2019 edition of Western Cape Business is the 12th issue of this highly successful publication that, since its launch in 2005, has established itself as the premier business and investment guide for the Western Cape Province.
The Western Cape has varied investment and business opportunities. In addition to the regular articles providing insight into each of the key economic sectors of the province, there are special features in this journal on the big impact which the relatively new maritime sector is having, together with tourism and events and renewable energy.
The potential for independent generation is an exciting new avenue for local authorities. Western Cape Business contains interviews and messages from business leaders from Accelerate Cape Town, the Cape Chamber of Commerce and the Western Cape Business Opportunities Forum. Tim Harris, the CEO of Wesgro, outlines the successful investment attraction strategies that his organisation has been adopting.
To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.westerncapebusiness.co.za. Updated information on the Western Cape is also available through our monthly e-newsletter, which you can subscribe to at https://www.globalafricanetwork.com/subscribe/, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.

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The City of <strong>Cape</strong> Town established<br />

a greentech manufacturing hub in Atlantis<br />

in 2011, in response to the Department of<br />

Energy’s Renewable Energy Independent<br />

Power OVERVIEW<br />

Producer Programme (REIPPP).<br />

Localisation of manufacturing and the<br />

resultant job creation is one of they key<br />

priorities of government through the REIPP<br />

programme. The hub has already attracted<br />

its first large Greentech investor, Gestamp<br />

Renewable Industries (GRI). A wind tower<br />

manufacturer, GRI has already invested<br />

R300m and is in full-scale production.<br />

Manufacturing<br />

The Atlantis Special Economic Zone is poised for growth.<br />

the proposed Atlantis SEZ (ASEZ) capitalises<br />

on the province’s already booming<br />

renewable energy and green<br />

technology sector.<br />

Greentech refers to green technologies<br />

that reduce or reverse the impact of<br />

people on the planet. This includes<br />

renewable energy technologies.<br />

Wind turbines, solar panels, insulation,<br />

biofuels, electric vehicles, materials<br />

recycling and green building materials<br />

are all examples of green technology.<br />

SECTOR INSIGHT<br />

Green <strong>Cape</strong> has won<br />

international recognition.<br />

Siemens wind towers manufactured at Gestamp Renewable<br />

Industries in Atlantis.<br />

- Siemens wind towers manufactured at Gestamp Renewable Industries in Atlantis -<br />

The Atlantis Special Economic Zone, which is due to be officially<br />

certified soon, has already attracted nearly R700-million in<br />

private-sector investment.<br />

A Moody’s report on the green economy in Africa states<br />

that South Africa has the fastest-growing green sector in Africa,<br />

and one of the fastest-growing in the world. The <strong>Western</strong> <strong>Cape</strong><br />

is driving a green economy manufacturing strategy focussed on<br />

Atlantis. About 70% of South Africa’s manufacturing in renewables<br />

is happening in the <strong>Western</strong> <strong>Cape</strong>.<br />

Atlantis was chosen in 2017 as the site of a new factory for<br />

Czech fabric manufacturer PEGAS Nonwovens. At R1.3-billion, the<br />

investment is the biggest secured by Wesgro and Into SA since 2011.<br />

Training for local residents employed by the manufacturer will take<br />

place in the Czech Republic.<br />

Fridge manufacturer Hisense, already established at Atlantis, is<br />

exploring ways to make its product greener, either through its own<br />

processes or via its suppliers. The 500 employees at the Atlantis<br />

factory produce fridges and televisions that are exported to 13<br />

African countries.<br />

Green <strong>Cape</strong> is an agency that does research and runs projects<br />

in areas such as energy efficiency, waste, water and sustainable<br />

agriculture. It is a joint initiative of the City of <strong>Cape</strong> Town, Wesgro<br />

and the Provincial Government of the <strong>Western</strong> <strong>Cape</strong>. The <strong>Western</strong><br />

<strong>Cape</strong> Industrial Symbiosis Programme (WISP), which encouraged<br />

manufacturers to use the waste<br />

products of other businesses,<br />

won international recognition in<br />

2018 when it was runner-up in the<br />

Circular Awards at Davos.<br />

Growth in the <strong>Western</strong> <strong>Cape</strong><br />

manufacturing sector between<br />

2003 and 2013 averaged 2.2%<br />

and the Provincial Economic<br />

Review and Outlook predicts the<br />

same level of growth to 2020. A<br />

diverse manufacturing sector<br />

contributes 15% to the <strong>Western</strong><br />

<strong>Cape</strong>’s GDP.<br />

The agri-processing sector<br />

(including food and beverages<br />

and tobacco) is the largest<br />

employer (24%) followed<br />

by metals, metal products,<br />

machinery and equipment at<br />

19%. A proposed <strong>Cape</strong> Health<br />

Technology Park will further boost<br />

the growth of the manufacture of<br />

medical devices.<br />

The decision by Britain to<br />

leave the European Union has led<br />

to increased interest in bilateral<br />

trading relations with individual<br />

European countries. France has<br />

established a tech hub in <strong>Cape</strong><br />

Town and <strong>Business</strong> France has<br />

been facilitating a number of<br />

conferences and visits. More<br />

than 300 French firms currently<br />

operate in South Africa.<br />

WESTERN CAPE BUSINESS <strong>2019</strong><br />

94

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