DTIC says to resolve Atlantis SEZ challenges
The Department of Trade, Industry and Competition (DTIC) has committed to resolving the challenges flagged by investors during a site visit to the Atlantis Special Economic Zone (SEZ), in the Western Cape, earlier this week, Deputy Minister Nomalungelo Gina says.
Major challenges faced by investors in the renewable energy sector that are located in the SEZ were highlighted during the visit, including concerns around policy uncertainty surrounding the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) and speeding up Bid Window 5 implementation, as well as local content manufacturing on designated steel products.
Gina assured the investors that government would respond urgently to the challenges raised by investors which continue to affect operationalisation of their businesses in the zone, the DTIC says.
“The Atlantis SEZ has a crucial role in improving local socioeconomic livelihood in the Atlantis community. Addressing the triple challenges of unemployment, poverty and inequality continue to be the priority of the government,” says Gina.
The focus of the Atlantis SEZ is to develop a world-class facility to attract renewable energy component manufacturers and suppliers in the Western Cape.
Atlantis SEZ CEO Dr Pierre Vogel gave a detailed presentation on the progress made to date on the implementation of the turnaround strategy for improving investment and development of critical infrastructure.
The SEZ is pivotal for the development of the renewable energy industry for the economic recovery of the Western Cape, the DTIC says.
“We remain committed to realising the immense potential of the green economy in the Western Cape through our continued support and promotion of the Atlantis SEZ. We look forward to working with the DTIC, the City of Cape Town, investors and the Atlantis businesses and community to ensure that the Atlantis SEZ reaches its full potential,” Western Cape Finance and Economic Opportunities Minister David Maynier says.
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation