Over the past 18 years the Coega SEZ has attracted 42 operational investors worth a combined investment value of R7-billion, and created 100 000 jobs.
The Summit will be attended by governments, national oil companies, independent oil companies, service companies, investment banks, private equity funds and EPCs.
Priority developments planned within each of the five local municipalities of the West Coast District opens up new opportunities for investors.
Oil and gas could evidently be the biggest players in creating millions of direct and indirect jobs for both countries.
Data suggests that the Free State has 23-billion cubic feet of gas underground, but only exploration can confirm this.
The offices are to facilitate Lesedi’s diversification and enable the company to better service clients in the mining and minerals industry.
For many reasons, the Western Cape is experiencing a net inflow of people, attracted to the province’s good infrastructure and opportunities in several strong economic sectors.
Two recent reports have concluded that South Africa’s grid could be flexible enough, and renewables supported by gas could provide base load.
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The official launch in April 2017 of the Maluti-A-Phofung SEZ was a significant event for the economy.