Stakeholder Notices

South African Automotive Week 10-13 October 2012, Nelson Mandela Bay, South Africa

South African Automotive Week 10-13 October 2012, Nelson Mandela Bay, South Africa

The SOUTH AFRICAN AUTOMOTIVE WEEK is an international trade show based in Africa's manufacturing center - Port Elizabeth. Read more...




Exporters Club of South Africa - Eastern Cape - 2012 Exporter Awards

Exporters Club of South Africa - Eastern Cape - 2012 Exporter Awards

Please click here for the Awards entry form 2012..
Closing date: 05 June 2012


Join the South Africa - China Expos 2012

Join the South Africa - China Expos 2012

The Department of Trade and Industry (the dti) will be hosting exhibitions in the cities of Beijing and Shanghai from 4 - 9 October 2012. This is an opportunity for South African companies to explore the Chinese market and gain inroads into Asia. Read More...

Eastern Cape SMME Summit 16 & 17 November 2011

Eastern Cape SMME Summit 16 & 17 November 2011

Please click here to view presentations made at the SMME Summit on the 16th and 17th November 2011.
Click here for the MEC's Speech...
Click here for Dr Tom's Speech...


Eastern Cape Community TV (ECCTV) Provincial Initiative

Eastern Cape Community TV (ECCTV) Provincial Initiative

- Production Training (Radio & Television Documentary Training)... Please click here to apply...
- 1st AGM. Date to be confirmed. Click here to download the Draft Programme...
- ECCTV Provincial Steering Committee to rollout a Community Mapping Exercise Read More...
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News Article - Investment

More than R 1 BN investment ECDC


Posted on: Tuesday, 28 November 2006. Article source: Patrick Cull

The figures were released in the annual report that was published yesterday.
Investments were secured in the sectors targeted by the province of automotive, general manufacturing, agriculture, mariculture and aquaculture, ICT and tourism, and include projects like the completion of the sale of the North East Cape forests to Steinhoff.
The ECDC's other achievements included:
D Allocating a total of R88,3-million worth of loans and grants to contractors and SMMEs. In respect of contractors, this is a 14 per cent increase, while for SMMEs this is a 41% increase on the previous year's allocations.
D A number of greenfields projects were under negotiation that could potentially translate into a further 14 562 jobs - these are in areas like bio-diesel that is on trial in the north-east of the province and loe ferox in Seymour.
D A micro-finance pilot project, awaiting approval from the economic affairs, environment and tourism department and provincial treasury that would enable the corporation to intensify its role in making the Eastern Cape "a compelling place to work, live and invest in".
The report notes that the Magwa Tea Estate has gone from a zero production to 60% of optimum production through investment from Ferrostaal and short-term financing from the ECDC with a long-term investment plan on the table.
The ECDC now also has two operational ICT hubs in East London and Port Elizabeth.
Aneel Radhakrishna, who served as acting CEO until the end of last month, said the corporation's efforts in support of exporters "have met with positive results and a trade mission to the US saw the development of a local tooling operation for the export of Hummer parts. The ECDC has also helped exporters secure contracts to export glass to Angola and clothes to Turkey."
He pointed to the Steinhoff/PG Bison investment in forestry at Ugie, in which the ECDC played a key role as demonstrating the multiplier effect of investment.
This had resulted in an upgraded road, increased employment, property price increases, and "a pulse in the town, not previously perceived possible".

 
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