Industrial Parks upgrades to spur economic growth and jobs


Three industrial parks, Queendustria in Queenstown, Vulindlela Heights in Mthatha and Fort Jackson in Mdantsane, are set to benefit from upgrades to spur job creation and economic growth. Approximately R22.5 million will be spent on Queendustria, R22.7 million on Vulindlela and R6-million on Fort Jackson. Once these provincial industrial parks they will be key centres for employment creation and industrial development for the province. The Auto Sector, Ocean Economy, Renewable Energy, and Tourism are priority sectors for economic growth in the province. About R606.9 million has been allocated to the Eastern Cape Parks and Tourism over the medium term to grow the tourism industry in the Province and generate more revenue. 

The development of the ocean economy through upgrading the Transnet National Ports Authority (TNPA) at R186 million in Port of Port Elizabeth, represents realization of government initiatives towards a thriving boat building and marine maintenance industry for the city. Other job creation and skills development initiatives include Mercedes Benz Learning Academy and VW Eastern Cape Skills Development Project.
The Eastern Cape Provincial government believes that these economic development initiatives would enhance chances for economic growth in the province and become the key centres for employment creation and industrial development.