NELSON MANDELA BAY MUNICIPALITY - Opens its doors to Belgian investment

Nelson Mandela Bay Municipality (NMBM) recently hosted a strategic investment meeting with Nicolas Fierens Gevaert, Consul General of Belgium, reinforcing its commitment to attracting foreign investment. Led by NMBM Executive Mayor Cllr Babalwa Lobishe, the meeting highlighted the municipality’s ambition to position itself as a key economic hub.

Key municipal representatives, including Chief of Staff Ntombi Baart and International Relations official Nicole Scharnick, participated in the discussions, underlining NMBM’s dedication to fostering a strong investment climate.

Investment Opportunities Explored

As part of the visit, the Consul General toured key economic sites, including Transnet’s operations, the Coega Special Economic Zone (SEZ), and the Nelson Mandela Bay Business Chamber. These engagements showcased the region’s industrial capabilities, logistics infrastructure, and business potential. Discussions centred on investment opportunities in priority sectors such as energy, biotechnology, and healthcare. Renewable energy initiatives were a key focus, aligning with global efforts towards sustainable solutions. Healthcare innovations were also explored, reflecting the municipality’s drive to enhance community well-being.

Strengthening Diplomatic and Economic Ties

Belgium expressed interest in deepening collaboration, committing to host the Belgium State Meeting in Nelson Mandela Bay in 2026. This event is expected to attract global investors and further position the region as a prime destination for international business.

Additionally, the Belgium Consulate is considering relocating its office to Nelson Mandela Bay, which would enhance diplomatic and economic ties. Such a move would bring Belgium’s operations closer to its key South African engagements and reinforce confidence in the municipality’s economic potential.

A Vision for Growth and Development

Mayor Lobishe emphasised the value of international partnerships in advancing economic development. “Nelson Mandela Bay is committed to fostering an environment where investors feel welcomed and supported. These collaborations drive job creation, knowledge transfer, and sustainable progress.”

The Coega SEZ was presented as a premier investment location, boasting advanced infrastructure, proximity to the Port of Ngqura, and a focus on clean energy and manufacturing. Transnet’s logistics network was also highlighted as a crucial enabler of trade and industrial expansion.

Through global partnerships, Nelson Mandela Bay aims to solidify its role as a gateway for investment in Southern Africa. The collaboration with Belgium marks a step forward in unlocking new economic opportunities and improving the quality of life for local communities.

By welcoming foreign investment and strengthening international ties, NMBM is laying the groundwork for long-term economic sustainability. The potential consulate relocation and Belgium’s commitment to future engagement signal a growing partnership that will contribute to the region’s development and global standing.