Eastern Cape Business 2021-22

Page 6

CONTENTS

Eastern Cape Business 2021 Edition

Introduction Foreword 6 A unique guide to business and investment in the Eastern Cape.

Special features Regional overview of the Eastern Cape

8

The province’s Special Economic Zones are attracting investors in traditional sectors such as automotive and in new sectors such as aquaculture. The national ports authority has set up new headquarters at the Port of Ngqura.

The wind power province

14

The Eastern Cape is attracting the lion’s share of investment in wind energy.

Economic sectors Agriculture and agro-processing

Cannabis producers are thinking of automotive applications.

26

Water 28 The Umzimvubu project is a national priority.

Construction and property

29

Manufacturing

30

Tourism

31

Education and training

32

Banking and financial services

34

Development finance and SMME support

36

Gqeberha is expanding westwards.

Ford wants to see a rail corridor to Gauteng established. East London’s beachfront is being upgraded. Curro has expanded its Eastern Cape footprint. New banks are offering more choices.

Supply chains are providing chances for small businesses.

ABOUT THE COVER: Credit: Courtesy of Transnet National Ports Authority (TNPA). The eMendi building at the Port of Ngqura is within the Coega Special Economic Zone (Coega SEZ) and is shown with the busy port and Algoa Bay behind it. The building, designed by Dominic Bonnesse Architects and completed in 2017, became the national headquarters of the TNPA in 2021.