Page 13

MESSAGE agri-processed products to flourish. We have made headway, together with our partners, in our drive to increase water storage in the Brandvlei Dam, and we have commissioned the equipment we require for our residue-testing facility. All of the initiatives under Project Khulisa are designed to open international markets for our produce, and I am pleased with the progress we have achieved thus far. Oil and gas also presents a significant opportunity to grow our economy. It is our goal to add up to a further 60 000 jobs to this sector, and increase its economic contribution to R3-billion. One of our flagship initiatives in driving growth in the oil and gas sector is the Saldanha Bay Industrial Development Zone along the West

13

Coast, which is being managed by the Saldanha Bay Industrial Development Zone Licencing Company. We’re seeing a good flow of vessels along our coast and in the pipeline is a major project to recertify vessels here. The lease between the Saldanha Bay Industrial Development Zone Licencing Company and the Transnet National Ports Authority (TNPA) is in place, and we expect to start construction next year. TNPA will also be asking for a formal proposal from an international consortium to develop the 500m terminal at Mossgas. There’s been an overwhelmingly positive investor response. At the time of going to print, the Licencing Company already has Memorandums of Understanding non-disclosure agreements and rights of first refusal in place with 36 companies, and building plans have been submitted for three firms. They’re getting ready to start construction as soon as the necessary approvals have been obtained. Along with a focus on these priority sectors, we have identified strategic economic enablers. These include securing an affordable and reliable energy supply and reducing red tape. Through a focussed approach, we are moving closer towards reaching our goals, and I am confident through our partnerships, we will continue to grow our economy, Better Together.

WESTERN CAPE BUSINESS 2017

Western Cape Business 2017  
Read more
Read more
Similar to
Popular now
Just for you