The Eastern Cape Development Corporation (ECDC) is nearing completion of the R50m first phase of the R2bn Dimbaza Industrial Park revitalisation project. The first phase entails security upgrades; by October 2019, the security upgrades were at 70% completion. The upgrades, which includes fencing, construction of guard houses and the installation of high mast lights, is estimated to be completed by February 2020.
“Funding has been approved from the Provincial Stimulus Fund for the second phase, while the waste water treatment works upgrade portion has also been co-funded by the BCMM which has committed R14m towards this project over a three-year period.
“In 2017, the Dimbaza Industrial Park masterplan was approved. The revitalisation is meant to attract investors into the park and to lobby for investment incentives for the parks in order to revive vibrant economic activity while facilitating job creation. Already, eight companies have signed letters of intent to move into the industrial park,” says ECDC chief executive officer Ndzondelelo Dlulane.
Dlulane says the five-phase revitalisation of the park is a five-year programme which includes security upgrades as a first phase, implementation of bulk infrastructure in phase two and the development of an agro-processing hub as a third phase. The agro-processing hub will include hydroponics, aquaponics, a food factory complex, processing, packaging, warehousing and distribution.
The fourth phase involves the construction of community structures such as community collection points. The fifth phase is the development of retail and residential structures for factory workers. https://www.bizcommunity.com/Article/196/711/198524.html
