DA run Western Cape attracts global investments

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DA run Western Cape attracts global investments

Category:DA News

Global tech giant Google declares R2.2bn investment into Cape Town and the Western Cape. This will boost the local economy, create more jobs and opportunities to maintain the Cape’s low unemployment figures.

This is yet another endorsement of the DA’s good governance.

Other large coporates such as Amdec, Capita, Lactalis and Teraco also declared investments collectively committing R7.8 billion into the Province.

Despite economic headwinds, political uncertainty and a national state of disaster caused by the global pandemic, these investors have evaluated and understand the long-term gains realised by investing in the Western Cape.

Maintaining the position as a leading investment destination, retaining investor confidence and attracting new investments remain key for the Western Cape government as we rebuild the economy following a challenging year.

These declarations are compelling proof to the local and global investment market that the Western Cape is open for business!

Image may contain: sky, text that says "DA H Google's R2.2 billion investment boosts investor confidence in the Cape! Large corporates, such as Google and Amdec, announced at the presidential investment summit that they will invest billions into DA-run Cape Town and the Western Cape."

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