The Western Cape is a premier greentech and renewable energy hub on the African continent and one of the fastest-growing green economies in the world. At the heart of this lies the Atlantis Special Economic Zone. Green technology and manufacturing, sustainable building, resource efficiency and climate resilience are fast becoming central tenets of the Cape economy.
The Western Cape is an ideal springboard into the rest of Africa when it comes to renewable industries and the green economy.
Already a thriving green investment destination, the Western Cape is seeing a rapid rise in its renewable energy and clean-tech industries. The Atlantis Greentech Special Economic Zone offers a number of green technology incentives, while the province presents big opportunities for investors in energy services, utility-scale solar and wind, waste, water, the bioeconomy and resource efficiency.
The sector not only offers economic benefits to the province as a whole, but has the potential to create jobs and to support small, medium and micro-enterprises. The location of the Special Economic Zone will allow locals in the area to take advantage of economic opportunities on their doorstep.
South Africa has one of the world’s fastest-growing green economies, and the designation in the Western Cape of the Atlantis Special Economic Zone for green technologies, in particular, provides a major opportunity for the provincial economy.
The region offers an excellent value proposition for green technology manufacturers looking to expand.
The zone was designated in 2018, but has been attracting foreign investment since 2015. To date, R680-million has been invested, thanks to the availability of infrastructure, coordinated land processes and unlocking of market opportunities in the sector. The zone is targeting R1.8-billion of further investment in greentech manufacturing by 2022.
The Western Cape and in particular Atlantis present an easy gateway to markets on the rest of the continent with their proximity to shipping links, and road, rail and air connections.
Please download our 2020 International Trade Mission Plan, visit the market opportunities page, or contact us to get in touch with the dedicated Trade Unit, which is ready to answer any questions.
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The Wesgro Trade Unit provides a free and confidential service to help you establish and grow your business in Cape Town and the Western Cape. Our diverse economy, strong skills base and well-connected infrastructure present many opportunities for foreign buyers seeking high-quality goods and services, as well as exporters looking to expand into the African market.
Read our latest sector and country fact sheets and research reports to identify new opportunities to grow your business.