Cape Town’s Atlantis SEZ aiming to become green-industry heartland
- July 19, 2024
- Infrastructure
- 0 Comments
This month, July, will see the Greentech-focused Atlantis Special Economic Zone (ASEZ) mark two milestones, namely the breaking of ground for the first new factory to be built there, and the start of refurbishment of the site’s one pre-existing factory (which is owned by the ASEZ company). Civil infrastructure development started last year, while the project was launched in 2021. Since then, R790-million has been invested in the initiative. Africa’s first Greentech SEZ, the ASEZ is a partnership between the City of Cape Town, the provincial government of the Western Cape, and the national government’s Department of Trade, Industry and Competition (dtic). The ASEZ itself partners with city, provincial and national investment promotion agencies such as Invest Cape Town, Wesgro, and Invest SA.
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