Atlantis’ hub for economic growth province and the country, and without substantially higher rates of investment, we will not achieve growth. “We have therefore embarked on a range of measures to mobilise investment into our economy. “And we are working
PRESIDENT Cyril Ramaphosa officially launched the Atlantis Special Economic Zone (SEZ).
The 124.5 hectare area has been designated as a hub aimed for the establishment of green technologies in the province.
SEZs are used by the government to drive industrial and economic development with cluster industries from a particular sector located in geographically designated areas to get the benefits of scale and co-location. They are supported by a range of incentives aimed at attracting local and foreign investment.
The SEZ status for Atlantis was approved by the Cabinet on June 8.
“We know that without significant economic growth, we will not be able to create work for the people of the
PRESIDENT Cyril Ramaphosa on a tour of the GRI Towers factory, part of the Specialised Economic Zone in Atlantis. |