Media Statements

GOVERNMENT WELCOMES R502 MILLION INVESTMENT INTO ELSEZ

National and Eastern Cape provincial governments jointly announced the combined R502 million investment into the East London Special Economic Zone (ELSEZ).

The Deputy Minister of the Department of Trade and Industry (the dti), Mr Bulelani Magwanishe and Eastern Cape MEC for the Department of Economic Development, Environmental Affairs and Tourism (DEDEAT), Mr Lubabalo Oscar Mabuyane jointly announced two new local investors, Meek Mines SA and Nulatex SA. The ELSEZ Chief Executive Officer (CEO), Mr Simphiwe Kondlo welcomed the investment saying it will create a total of 450 jobs for the locals.

 

Diamond cutting and polishing Investment

Meek […]

MAASA BUILDING SKILLS BASE FOR RENEWABLE ENERGY

The Master Artisans Academy of South Africa (MAASA) has trained 1000 electricians and electrical engineers in the rooftop installation of photovoltaic systems in the last twelve months. The programme, implemented nationally in partnership with Enel Green Power SA , an Italian based Independent Power Producer (IPP), is part of building a credible skills base for the growing retail renewable energy sector in South Africa.

In order to prepare the South African market Enel Green Power SA has – jointly with the Master Artisan Academy SA – developed three skills programmes for PV Rooftop installations. This will support Enel Green Power’s intention of […]

ELIDZ Launches STP

The East London Industrial Development Zone launches its Science and Technology Park (STP) today, an innovation hub aimed at speeding up the pace of economic development in the Eastern Cape by increasing the competitiveness, efficiency and effectiveness of local industry.
Amongst other things, the ELIDZ STP has been established to showcase how the zone will leverage its innovations as a means to further enhance its attractiveness as an industrial destination of choice.
The ELIDZ STP is the only park of its kind in the country which is linked to an IDZ and was conceived as a catalyst for growth, collaboration […]

EAST LONDON IDZ – MBSA PARTNERSHIP

EAST LONDON IDZ – MBSA PARTNERSHIP INCREASES LOCAL CONTENT

The East London Industrial Development Zone (ELIDZ) has in the past 12 months attracted and settled a significant number of auto players in the process doubling the investment value in the sector.
Through the Mercedes Benz South Africa’s (MBSA) W205 C-Class project, the ELIDZ has attracted six new investors worth over R890 million. About 849 jobs existed in the automotive and related industries before the W205 project. More than 534 additional job opportunities have been created following the introduction of the project.
According to […]