The AfCFTA, which entered into force yesterday, brings with it the tangible possibility of boosting intra-Africa trade and investment.
The project is a catalyst to the R35-billion Point Waterfront development to be undertaken in three phases over the next five to 10 years.
"It’s critical that both the public and private sector understand the new shape of procurement in South Africa as an independent function and the role of business and government in championing strong leadership, post State Capture,"
The KIP development caters for all nature of tenant facilities, from large customised facilities through to smaller, economically efficient mini-factories.
A number of strategic opportunities available where high-intensity, mixed-use precincts are ready for development.
The celebratory occasion brought together the 6 Western Cape TVET Colleges who specialise in eight of the thirteen CoS trades.
Established manufacturers are investing in new capacity as two powerful new sectors – wind power and maritime – have started delivering on their potential to expand the Eastern Cape economy.
The renewable energy sector has the potential to unlock other sectors in the Northern Cape, such as manufacturing and construction.
This SEZ is strategically located on the N3 national road as part of the Free State leg of the massive Durban-Free State-Gauteng logistics and industrial corridor.
In early June, representatives from KwaZulu-Natal’s public and private sectors will gather at the Durban ICC to discover how the procurement sector can offer aid in the transformation of the province.