On 8 December 2011, the City of Cape Town’s Council approved a process for the establishment of a green technology manufacturing cluster on vacant City-owned land in the Atlantis industrial area.
The sale or lease of two designated sites (or portions thereof) by way of a specialised land disposal management system was also approved. This system includes a rapid application and adjudication process available to qualifying applicants.
The City recently sold 7,8ha of this site to Red Planet Horizon Trading, owned by Gestamp Wind Steel South Africa, to manufacture wind towers. This purchase is part of the City’s quick access-to-land programme for industries operating in the green economy.
GRI is a Spanish company with a 100% shareholding in GRI Wind Steel South Africa. GRI currently produces 1,200 wind towers per year in four factories around the world. The total building area of GRI Wind Steel SA’s tower factory is 14,683m2 in size. Construction has already commenced on the site and it is expected to be completed, in record-time, in October this year.
‘We are calling on our partners in the green technology sector to consider investing in Atlantis so that we can make progress possible together. The City foresees that this 68 ha-property will be transformed into a green technology manufacturing cluster. A development facilitation team has been established to fast-track investments and to assist potential investors. In Atlantis, one out of two people are unemployed. We have to step-up our efforts to enable job creation through increased direct investment,’ said Alderman Neilson.
It is expected that GRI Wind Steel South Africa will generate more than 200 jobs – of which approximately 150 to 180 employees will be from Atlantis and the surrounding area.
The interest from local and foreign investors in purchasing land in this green technology hub is growing. In line with the City’s aim of creating an enabling environment for investment to drive much-needed job creation, such as through this scheme and the rapid disposal programme, it is hoped that investors will increasingly choose Cape Town and the Western Cape as the top investment destination in South Africa.
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