14 INVESTMENT PROJECTS
14 INVESTMENT PROJECTS Excellent investment opportunities occur throughout the district. SPRINGBOK INDUSTRIAL PARK Originally planned as an AgriHub, the decision has been taken to broaden the scope and make this a multipurpose business and industrial park. The project will create suitable infrastructure to grow crops. PROJECT LOCATION Springbok, Nama Khoi LM PROJECT STATUS Project Feasibility / Business Case Complete TARGETED SECTORS Agriculture. Energy OPPORTUNITIES Growing of cash crops as a short-term investment; growing of table grapes and raisins as mid-term investment; growing of date fruits as long-term investment; installation of off-the-grid electrical system where needed INVESTMENT VALUE R800 000 NUMBER OF JOBS TO BE CREATED Total of 5 000 direct and indirect jobs PROJECT FINANCED BY BBBEE Equity Partners / Investors CONTACT Shaun Abrahams Economic Development, Namakwa District Municipality Tel: 027 712 8000 Mobile: 079 386 3974 AQUACULTURE PROJECTS The West Coast is known for its diamonds but as that sector declines alternative sources have been identified to address poverty. This has meant introducing fishing and mariculture opportunities to communities living on the West Coast of the Namakwa District. PROJECT LOCATION Port Nolloth, Hondeklipbay, Kleinzee and Brazil near Kleinzee, which are located in the following Local Municipalities: Richtersveld, Nama Khoi and Kamiesberg. TARGETED SECTORS Maritime: fishing and aquaculture. Agro-processing OPPORTUNITIES Land-based abalone facilities; smallscale fishing development; oyster hatchery; fish-processing factories (Hondeklipbay and Port Nolloth); refurbishment of jetties; kelp harvesting; ship building and repairs INVESTMENT VALUE Total value of the project: R500-million to R800-million NUMBER OF JOBS TO BE CREATED Total number of jobs to be created: 7 000 PROJECT FINANCED BY BBBEE Equity Partners / Investors CONTACT Shaun Abrahams Economic Development, Namakwa District Municipality Tel: 027 712 8000 Mobile: 079 386 3974 NAMAKWA INCUBATION HUB The hub was identified to address the shortcomings of SMMEs that were not profit driven and also to ensure the resilience of SMME’s since the studies of the local economy had shown that most SMMEs do not last more than five years. PROJECT LOCATION Pofadder, Khai-Ma LM PROJECT STATUS Project Feasibility / Business Case Complete TARGETED SECTORS SMMEs in renewable energy, engineering, agriculture and mining INVESTMENT VALUE R10-million NUMBER OF JOBS TO BE CREATED Total of 2 000 jobs, direct and indirect PROJECT FINANCED BY • Public-Private-Partnership (PPP) • Equity Partners / Investors CONTACT Shaun Abrahams Economic Development, Namakwa District Municipality Tel: 027 712 8000 Mobile: 079 386 3974
15 BIOMASS PROCESSING The Namakwa District Municipality had identified through the office of Local Economic Development the potential processing of alien trees being eradicated as part of the Working on Water programme as an economic activity for the local communities. The project will entail the processing of raw material like the prosopis trees to create products such biomass, carbonised coal, charcoal, graphite, organic fertilizer, animal feed, tar and biofuel as well as traditional medicine. The project will be utilised to empower SMMEs as well as individual community members to form part of the biomass supply chain. LOCATION Calvinia, Hantam LM TARGETED SECTORS Agro-processing and innovative product creation for the renewable energy sector. Agriculture. Health and beauty INVESTMENT VALUE Total value of the project: R30-million NUMBER OF JOBS TO BE CREATED Total of 13 000 direct and indirect jobs PROJECT FINANCED BY • Public-Private-Partnership (PPP) • Equity Partners / Investors PROJECT STATUS Project Feasibility / Business Case Complete CONTACT Sam Angula Director, Yensha Enterprises Email: yensha.enterprises@gmail.com Tel: 065 165 0345 REAL ESTATE DEVELOPMENT Studies have shown that accommodation for hiring and for permanent residents has become scarce. Property needs to be developed to cater to the working class and to retired citizens. The project will entail the development of property for industrial complexes, security complexes, middle-class and upper-class housing for both rental and buying purposes. PROJECT LOCATION Port Nolloth (Richtersveld LM), Springbok, Steinkopf, Okiep (Nama Khoi LM) TARGETED SECTORS Real estate. Property development INVESTMENT VALUE R100-million NUMBER OF JOBS TO BE CREATED 3 000 direct and indirect jobs PROJECT FINANCED BY • BBBEE Equity Partners / Investors • Public-Private-Partnership (PPP) • Equity Partners / Investors • Property Developers / Investors • Industrial Companies PROJECT STATUS Project Feasibility / Business Case Complete CONTACT Shaun Abrahams Economic Development, Namakwa District Municipality Tel: 027 712 8000 Mobile: 079 386 3974
