Over R1.3bn investments recorded for Western Cape in Q1 – Wesgro

6th July 2018

By: African News Agency

  

Font size: - +

The Western Cape's investment promotion agency Wesgro said on Friday it had facilitated over R1.3-billion in investments in the first quarter, which would support the creation of 549 direct jobs.

It said the nine investment projects secured represented a cross-section of the local economy and included projects in tech, financial services, food and beverage, apparel and the green economy.

"This is an outstanding achievement, especially considering the drought, economic uncertainty and a general slowdown in globalisation faced in the first quarter of this year," Wesgro CEO Tim Harris said.

"By helping attract investment into our province, our team is contributing to economic growth and job creation – our key priority."

The investment is the outcome of tours to nine international markets including Malaysia, United States, United Kingdom, Germany, Hong Kong, China and France to promote opportunities in Cape Town and the Western Cape.

Edited by African News Agency

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION