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