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ATLANTIS SEZ

T

he Atlantis SEZ is the result of six years of collaborative effort with the City of Cape Town, Western Cape Government and the National Department of Trade Industry and Competition (the DTIC). Owing to its strategic location and envisaged growth, the ASEZ is demonstrating its potential to contribute towards regional economic and spatial development. The Western Cape government submitted an application to the DTIC in 2015 to have parts of the Atlantis Industrial area declared an SEZ after signing a memorandum of understanding with the DTIC in 2013. In October 2017, the DTIC conducted public consultations and received overwhelming support for the Atlantis SEZ’s formation. The decision by the then-minister of trade

and industry to appoint the ASEZ was endorsed by the South African Cabinet on June 7, 2018. This was after the Special Economic Zones Advisory Board was satisfied with the rationale and scale of economic opportunities in the region and recommended that the Minister designate the proposed area and grant a SEZ licence to the Western Cape Department of Economic Development and Tourism. On December 6, 2018, the ASEZ was officially launched by President Ramaphosa. Provincially, the zone complements the Western Cape Government Green Economy Strategy Framework, and the City of Cape Town’s Atlantis 2023 strategy. Atlantis Special Economic Zone is a priority development node situated

Municipal Focus

21

Profile for kwedamedia

Municipal Focus Volume 52  

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