ECDC_Investment Opportunites_Nov 11

OPPORTUNITIESI N T H E E A S T E R N C A P E

SOUTH AFRICA

PAGE PAGE

SOUTH AFRICA - Alive with possibilities and opportunities 01

EASTERN CAPE - Abounding with potential 03

EASTERN CAPE DEVELOPMENT CORPORATION 05Facilitating your investment into the Eastern Cape

GROWTH SECTORS - Industry advancements 07

BLUE CRANE DEVELOPMENT AGENCY 08

EAST LONDON INDUSTRIAL DEVELOPMENT ZONE 09

COEGA INDUSTRIAL DEVELOPMENT ZONE 11

NELSON MANDELA BAY 13

ASGISA EASTERN CAPE 15

INVESTMENT OPPORTUNITIES IN THE EASTERN CAPE

EAST LONDON IDZ 17 AGRO-PROCESSING: Chicken processing plant AGRO-PROCESSING: Tomato processing plant AGRO-PROCESSING: Pineapple processing plant AGRO-PROCESSING: Dairy processing plant

COEGA IDZ 19 AGRO-PROCESSING: Biodiesel production AGRO-PROCESSING: Coega dairy AQUACULTURE: Shrimp production

ASGISA EASTERN CAPE 21 AGRO-PROCESSING: Grain milling and processing and silos

TOURISM 23

AGRO-PROCESSING 41

RENEWABLE ENERGY 45

AQUACULTURE 53

AUTOMOTIVE AND COMPONENTS 57

GENERAL MANUFACTURING 59

INFRASTRUCTURE 61

OTHER 71

AFRICA

SOUTH AFRICAThe Eastern Cape

Situated at the southernmost tip of Africa, South Africa is a vibrant country, alive with possibility and opportunities. The country, a popular tourist destination, received an estimated 9,9 million visitors in 2009.

It is positioned for prime access to the 14 countries comprising the Southern African Development Community (SADC) which has a combined market of over 250 million people and the islands off Africas east coast and even the Gulf States and India.

Having recently played host to the highly successful 2010 FIFA World Cup, South Africa excelled at being the first African country to host this event. Eager to take stock of what this opportunity has meant for the country in tourism and economic growth, South Africa has created a better life for many of its people.

PAGE 01 | INVESTMENT OPPORTUNITIES IN THE EASTERN CAPE, SOUTH AFRICA

AND OPPORTUNITIES

INVESTMENT OPPORTUNITIES IN THE EASTERN CAPE, SOUTH AFRICA | PAGE 02

Discover a land of opportunity, where a highly developed first world economy meets the potential of an emerging economy and which creates a dynamic investment environment.

Home to approximately 6,9 million people, the province has the third largest population in South Africa. It has two major cities, Port Elizabeth and East London, and its natural resources offers a kaleidoscope of opportunities for investors such as grazing for livestock, forests, marine life, rich farming soils and wilderness.

The Eastern Capes positioning affords it easy access to African and global markets by the sea, road, rail and air networks and has a world-class commercial and industrial infrastructure. Apart from these advantages, the Eastern Cape enjoys more than 300 days of sunshine a year and unsurpassed quality of life.


POTENTIAL

CAPITAL BHISHOPOPULATION 6.9 MILLIONAREA 168,666 KM 14% OF TOTAL SOUTH AFRICAN AREA SECOND LARGEST LAND AREA OF SOUTH AFRICAS NINE PROVINCESGDP USD 26.5 million (7.6% contribution to the South African economy)ANNUAL GROWTH RATE 3.7%BUSINESS LANGUAGE ENGLISH MAJOR CITIES EAST LONDON AND PORT ELIZABETH


Aloe plants are a symbol of perseverance and strength to the people of the Eastern Cape

ECDC provides a range of services aimed at achieving the socio-economic goals of the Eastern Cape through innovative private sector interventions. As the economic development agency for the province, ECDC facilitates and supports sector development in the Eastern Cape by: Supporting existing business Creating opportunities for new business Growing, sustaining and developing existing and new markets Improving access to enterprise finance Ensuring skills, infrastructure and policies support business development.

INVESTMENT PROMOTIONECDC is the first point of call for local and foreign investment needs in the province, where at no cost, the corporation assists potential investors with:

Identifying business opportunities in key sectors Facilitating and financing joint ventures Accessing investment incentive schemes and local business service networks Creating access to a diverse portfolio of available land and buildings Facilitating corporate relocations and aftercare services.

PROPERTIESECDC has a substantial property portfolio comprising of industrial and commercial premises at affordable rates throughout the province. These include large industrial areas ranging from 400m and 3,000m and which are suitable for production and manufacturing of goods such as textile, plastics and electronics. This property portfolio makes ECDC one of the biggest property owners in the province.


(ECDC)

TRADE & EXPORT PROMOTIONECDCs focus on trade and export promotion is geared towards creating maximum exposure for Eastern Cape companies while increasing export sales. The corporation also encourages partnerships through joint ventures, agents and distributors, as well as strengthening ties between exporters and importers.


Ship at the East London river port

| INVESTMENT OPPORTUNITIES IN THE EASTERN CAPE, SOUTH AFRICA

GENERAL MANUFACTURING The manufacturing sector is a key contributor towards the provincial economy. The dominant industries within manufacturing are automotive with three automotive manufacturing plants and automotive component manufacturers, and pharmaceuticals. Aspen is the largest producer of generic drugs in Africa and is located in Port Elizabeth.

AUTOMOTIVEThe Eastern Capes vehicle manufacturers are among the top companies in the automotive industry, with the focus mainly being on General Motors, Volkswagen, Mercedes-Benz and Ford. Optimal Energys Joule, SAs first battery-operated electric car, is also likely to be built in the province at the East London IDZ.

The province is also home to automotive component manufacturers which have established themselves globally, with the European Union as the largest export destination for local components.

AGRICULTURE & AGRO-PROCCESING The agricultural sector produces a wide variety of commodities ranging from fruit production such as pineapples, citrus and tomatoes, livestock, ostrich farming, forestry, wool and mohair production.

AsgiSA Eastern Cape, the rural agency tasked by provincial government is developing the resource-rich Eastern part of the province. Its high impact priority programme (HIPP) focuses on agriculture, agro-processing, forestry development, alternative energy, tourism and human settlement planning.

In the case of agriculture, target crops include maize, beans, soya and fruit. The forestry HIPP aims to develop up to 100,000 hectares of new and existing lands for afforestation.


BUSINESS PROCESSING OUTSOURCING & OFFSHORING (BPO & O) With the main provincial economic hubs of Port Elizabeth and East London, this is a rapidly growing industry with the potential for development. At the centre of this anticipated growth are the Coega and East London Industrial Development Zones (IDZs).

FINFISH MARICULTUREMariculture is a new industry that has been developed in response to declining catches and increased fish prices. The Eastern Cape is the ideal setting for this industry because of warmer sea temperatures. Africas leading mariculture research institution is also situated at Rhodes University in Grahamstown.

RENEWABLE ENERGy The Eastern Cape is favourably placed for the coming green energy revolution from increasingly expensive and damaging fossil-based electricity, to that generated by using renewable energy sources.The province is presented with more than 29 renewable energy opportunities that could generate 7700MW of power, and include the manufacturing of renewable technologies and components, the supply of raw materials, and the harvesting of solar, wind, hydro, biogas and biomass.

The development agency was established by the Blue Crane Route Municipality in 2004 to undertake various mega development projects.

Funded by development finance institution Industrial Development Corporation, the agency facilitates projects aimed to instigate and facilitate sustainable levels of local economic and social development for the benefit of the community, business and human resource development.

The Boschberg development and aviation projects are the agencys flagship projects which have the potential to generate employment and stimulate tourism and business development in the Somerset East area.

BLUE CRANE DEVELOPMENT AGENCYTel: (+27) 42 243 0095 | Email: [email protected]

www.bluecranedevelopmnetagency.co.za

AGENCY

The East London IDZ is a world-class industrial complex, especially built for clean, high value-adding industries.

The East London IDZ promotes economic growth in the East London region by offering foreign and local investors a globally competitive combination of infrastructure, services and labour. Positioned only six kilometres from East Londons river port and two kilometres from the airport, the East London IDZ has generated investments worth USD 134 million through the 17 enterprises operational on the premises.

With 400 hectares of strategically positioned land, which holds 150 fully serviced sites, the East London IDZ is ideally positioned to offer competitive solutions for streamlined business activity for all its manufacturers in various industries.

The East London IDZ targets key sectors for investment: Automotive Information communication and technology (ICT) and electronics Agro-processing Pharmaceuticals Renewable energy and advanced manufacturing Marine aquaculture Business process outsourcing and offshoring (BPO & O)


(ELIDZ)

EAST LONDON INDUSTRIAL DEVELOPMENT ZONETembela Zweni, Executive manager: Business Development

Tel: (+27) 43 702 8200, Fax: (+27) 43 702 8251Mobile: (+27) 82 445 5012, Email: [email protected]

www.elidz.co.za


East London Industrial Development Zone

Built on the mouth of the Coega River, the Coega IDZ is positioned alongside the Port of Ngqura, which is Africas largest deepwater port, owned and operated by Transnet National Ports Authority. The 11,000 hectare industrial development complex has been custom built to meet the needs of manufacturers in various industries in a global marketplace.

The Coega IDZ is operated by the Coega Development Corporation (CDC) which has been positioned as a catalyst for economic growth in the Eastern Cape province. As the flagship IDZ in South Africa, Coega IDZ aims to stimulate local and international manufacturing industries in the zone.

New energy initiatives recently announced at the Coega IDZ include, a 2400MW combined cycle gas turbine (CCGT) to be developed by an independent power producer, an oil refinery owned by PetroSA (a publically owned Petro Chemicals Company), a 330MW Departmentof Minerals and Energy peaking power plant, as well as a 187 MW

Wind Energy Farm. Solar energy projects are also being considered.

The first wind turbine arrived at the Port of Ngqura in May 2010 which provided renewable energy to the newly-built Nelson Mandela Bay Stadium during the 2010 FIFA World Cup and now provides energy to the municipality. The remainder of the 60 turbines wind farms are scheduled for completion in 2011 and will be part of the municipality and the IDZ energy mix.

The Coega IDZ offers investment opportunities for both local and international investors in various sectors, such as:

Automotive and logistics Agro-processing Petrochemical General manufacturing Renewable energy Metals Pharmaceuticals Business process outsourcing & offshoring


(COEGA IDZ)


COEGA INDUSTRIAL DEVELOPMENT ZONE - www.coega.co.zaNkuli Mxenge - Business Development Manager

[email protected], Mobile +27 83 655 1982, Tel +27 41 403 0416

Belu Mdlalo - Business Development [email protected], Mobile +27 83 397 8119, Tel +27 41 403 0489

Gustav Meyer - Business Development [email protected], Mobile +27 82 373 5763, Tel +27 41 403 0485

Port of Ngqura

Nelson Mandela Bay Municipality (NMBM) is one of six metropolitan municipalities in South Africa and has a population of 1,5 million people. Located on the shores of Algoa Bay in the Eastern Cape, Nelson Mandela Bay comprises of Port Elizabeth, which the largest city in the Eastern Cape, and nearby towns, Uitenhage and Despatch.

The municipality, in partnership with key stakeholders, aims to build the competitive nature of the area and has prioritised key sectors for further growth and development:

Manufacturing Automotive Agro-processing Clothing and textiles Chemicals Metals and minerals Tourism

Services - BPO & O - ICT Creative industries - Film

Nelson Mandela Bay is a major exporter of a variety of commodities, the most well-known being automotive. Based in Uitenhage, Volkwagen SA is a large exporter of vehicles and components to domestic and world markets. Similarly, General Motors South Africa and Ford Motor Company are also highly competitive exporters in the automotive industry.

NELSON MANDELA BAY BUSINESS SUPPORT SERVICESAnele Qaba, NMBM Director: Trade & Investment

Tel: (+27) 41 503 7500, Fax: (+27) 41 503 7520, Mobile: (+27) 82 780 6912Email: [email protected] / [email protected]

www.investnelsonmandelabay.co.za



Port Elizabeth coast, Nelson Mandela Bay

AsgiSA Eastern Cape (Pty) Ltd is government agency, formed by the Eastern Cape provincial government and mandated to facilitate high impact priority programmes (HIPPs), particularly in rural Eastern Cape.

Working with key public and private stakeholders, it addresses the broader developmental aspects such as uneven development and spatial imbalances, low growth mainly in the eastern part of the Eastern Cape, unequal terms of trade, high unemployment, complex regulatory bottlenecks, mediocre impact of existing agrarian and rural development initiatives, significant infrastructure backlogs, poor resources at provincial and local level for investment requirements, state capacity and absence of viable growth partnerships.

Focusing initially on Mzimvubu Basin, AsgiSA-ECs HIPPs are rooted in agrarian and land transformation and drive the areas transformation:

AGRICULTURE AND AGRO-PROCESSING Targeting the management of one million livestock units, 40,000 ha and 500,000 ha of irrigated and dry-land cultivation respectively Production focusing on food security followed by agro- processing and bio-fuel production Crops targeted are maize, soya beans, canola, sunflowers, sugar cane, flowers, sugar beet and fruit production Other targeted produce includes dairy, meat and leather


(ASGISA-EC)


FORESTRy DEVELOPMENT Development through the facilitation of new forestation, rehabilitation and improved management of existing forests, and the development of downstream manufacturing opportunities in the timber industry With a potential to develop 100,000 ha of new forestry plantations which should yield an additional 1,8 million m of timber per annum, creating 80% more wood for processing

WATER RESOURCES DEVELOPMENT Optimising water resources in the Mzimvubu Catchment as a catalyst for agrarian transformation Key areas of focus include sourcing 640 million m for forestry, agricultural, livestock watering, domestic and industrial use in the surrounding area

HyDRO-POWER AND ALTERNATIVE ENERGy Generate 1 500 MW of clean, renewable energy.

TOURISM DEVELOPMENT Linking eco-tourism on the Wild Coast with the adventure hotspots of the southern Drakensberg through a branded tourism corridor that includes Mandelas birthplace and the Mandela Museum in Mthatha.

HUMAN SETTLEMENT PLANNING Addressing sustainable human settlement patterns through the rural, urban and economic renewal of targeted areas.

ASGISA EASTERN CAPEChuma Sangqu, Executive manager: Stakeholder relations and investment promotion Arundel Park, Unit 2 & 3A, 12 & 14 Old Transkei Road, Stirling, East London, 5247Tel: (+27) 43 735 1673, Mobile: (+27) 82 879 5483, Email: [email protected]

www.asgisa-ec.co.za

CHICkEN PROCESSING PLANT The chicken processing plant will have an abattoir and include processing and packaging facilities.

INVESTMENT OPPORTUNITy Capital required - USD 1,900 000 Debt: Equity ratio - 70:30 Financial viability - The Net Present Value in the Discounted Cash Flow (DCF) Model is positive which indicates that the project is financially viable. The internal rate of return (IRR) for the project is 58%.

TOMATO PROCESSING PLANT Sourcing fresh tomatoes from selected and approved growers, the plant will produce tomato paste which can be sold and/or converted into different products. The project is financially viable and will be influenced by the price of fresh tomatoes.

INVESTMENT OPPORTUNITy Capital required - USD 1,400 000 Debt: Equity ratio - 50:50 Financial viability - The Net Present Value in the DCF Model is positive which indicates that the project is financially viable. The IRR is positive from inception of the project.


EAST LONDON IDZUnati Spiers, Agro-Processing Sector Manager Tel: (+27) 43 702 8200, Fax: (+27) 43 702 8251

Mobile: (+27) 82 389 6607, Email: [email protected] www.elidz.co.za

SOMERSET EAST

PINEAPPLE PROCESSING PLANTThe proposed investment initiative is a pineapple canning factory that is planning to produce canned pineapples and pineapple juice.

INVESTMENT OPPORTUNITy Capital required - USD 14.5 million Financial viability - NPV of USD 400 449 and IRR of the business is 34%.

REqUIREMENTS The total financing requirement in the proposed investment as depicted is USD 1,459 718. The capital requirement is composed of the following: Capital expenditure USD 675 435 Working capital USD 184 486 Raw material USD 599 800

STATUS Investment requires additional investor; partial funding is available.


DAIRY PROCESSING PLANT The plant will produce dairy products and include packaging and distribution facilities.

INVESTMENT OPPORTUNITy Capital required - USD 3,400 000 Debt: Equity ratio - 60:40 Financial viability - The Net Present Value in the DCF Model is positive which indicates that the project is financially viable. The IRR for the project is 27%.



SOMERSET EAST

NELSON MANDELA BAY

BIODIESEL PRODUCTIONThe USD 291 million project is facilitated by Phyto Amandla and entails the production of biodiesel from canola oils for the export market. Canola will be planted in different areas in the Eastern Cape as the feedstock for this project.

COEGA DAIRYThe dairy processing plant, sourcing milk from selected and approved farmers throughout the Eastern Cape, will produce several products which will be distributed to the regional market. The project is facilitated by the Coega Dairy Pty Ltd.

COEGA INDUSTRIAL DEVELOPMENT ZONENkuli Mxenge - Business Development Manager

[email protected], Mobile +27 83 655 1982, Tel +27 41 403 0416

Gustav Meyer - Business Development [email protected], Mobile +27 82 373 5763, Tel +27 41 403 0485

GRAIN MILLING AND PROCESSING AND SILOSIn the past three years, AsgiSA-EC has helped develop the Eastern Capes cropping sector. This strategic intervention aims to improve food security and promote value chain development with the goal of creating jobs and generating income for those living in the former Transkei.

A focus of this agency is to build a value chain through the development of additional grain handling and milling capacity. A business plan was developed for building silos that handle a variety of grain crops that may be used for local and external consumption. These silos will be built at three strategic sites which are closer to grain producing areas. Attached to these silos is a plan is to build milling and processing plants that will ensure that a percentage of the locally-planted raw materials such as maize, soya beans, sorghum and sunflower, is processed locally to feed the local and export markets.

INVESTMENT OPPORTUNITyApproximately USD 17.5 million of the initial investment required for three sites will be used for the development of silos and milling plants.

CURRENT STATUS OF PROJECT The business plan is completed. The project will be implemented in a phased manner over a period of three years.


SOMERSET EAST

ASGISA EASTERN CAPEThukela Mashologu, Project Manager: Agriculture and Agro-Processing

Tel: +27 (0)43 735 1673, Mobile: +27 (0)82 414 7388, E-mail: [email protected] www.asgisa-ec.co.za


Nelson Mandela Bay Municipality, in partnership with the Development Bank of Southern Africa, is set to publicise request for proposals for revamping existing infrastructure and developing new facilities at Settlers Park and in 9 nature reserves within the Nelson Mandela Bay area. Environmental impact assessments are complete for the developments which range from USD 145 000 to USD 3.6 million.

INVESTMENT OPPORTUNITIESMaitland Nature ReserveVan Stadens Nature ReserveDodds Farm RobertSearle Nature ReserveVan Der Kemps KloofColchester SlipwayAloe Nature ReserveSwartkops Nature ReserveCape Recife Nature ReserveSprings Nature ReserveSettlers Park

SPRINGS

SWARTKOPS

COLCHESTER

DODDS FARM

SETTLERS PARK

CAPE RECFE

MAITLANDS

VAN STANDENS VAND DER KEMPS KLOOF

ALOE

PORT ELIZABETH

UITENHAGE

NELSON MANDELA BAY MUNICIPALITYJoram Mkosana, Director: Environmental Management

Tel: (+27) 41 506 5444, Mobile: (+27) 82 782 1014Email: [email protected]

NELSON MANDELA BAY, EASTERN CAPE

TOURISM

Nestled on the slopes of the Boschberg Mountains which overlook the Karoo town of Somerset East, the multi-million rand Boschberg Coutry Estate is an anchor development for the region and will be the main feature of the 2,000 hectare Boschberg Nature Reserve.

The Boschberg development node is unique, due to its serene tranquillity and ambiance, created by the surrounding terrain which resembles an amphitheatre. The densely-wooded reserve boasts 16 waterfalls and a natural forest, and serves as a popular destination with the hiking fraternity for its 15 km circular and overnight hike.

The development, spearheaded by the Blue Crane Development Agency, will assist with establishing the area as a destination activity hub.

BOSCHBERG COUNTRy ESTATE INCLUDES: Retirement village Game reserve Outdoor activities such as mountain biking fly fishing, game viewing, hiking, mountain climbing, golf, cycling and equestrian

INVESTMENT OPPORTUNITy* USD13millionresidentialdevelopment Development funding required for three complexes/400 sites. USD20milliontourismhub


SOMERSET EAST, kAROO

SOMERSET EAST

BLUE CRANE DEVELOPMENT AGENCYChris Wilken , Tourism Manager

PO Box 197, Somerset East, Eastern Cape, South Africa 5860Tel: (+27) 42 243 0095, Fax: (+27) 42 243 0097

Mobile: (+27) 82 329 4546, Email: [email protected] www.bluecranedevelopmnetagency.co.za

TOURISM


The multifaceted tourism hub development seeks interested investors as concessionary holders or in partnership with government. The hub will entail: - USD 12 million hotel/wellness complex: 50 year government public private partnership - USD 2 million equestrian centre: 30 year concession - USD 2 million restaurant site: 30 year concession - USD 4 million wedding venue site: 30 year concession - Arts & Craft centre: 30 year concession

PROJECT'S CURRENT STATUS Planning is complete and authorisation has been received.

*Environmentalauthorisationhasmadeclearthatthedevelopmentwillbeaonce-offoccurrenceandthatnoadditionaldevelopmentwillbeallowedatalaterstage.

The Baviaanskloof Mega Reserve comprises 200 km of unspoiled, rugged, mountainous terrain. The reserve, a World Heritage Site and one of the eight protected areas within the Cape Floral Region Protected Areas, is one of the largest wilderness conservation areas in the country. The area boasts seven out of eight of South Africas biomes.

Several tourism development opportunities, ranging from accommodation facilities to ecotourism activities, have been identified.

INVESTMENT OPPORTUNITy* USD 4 million private sector funding required for development in partnership with the provincial biodiversity conservation authority Eastern Cape Parks.

PLANNED PROJECTS INCLUDE Upmarket tourist lodge consisting of two complexes of six two- bed units, each based on a single public lounge, dining, bar, library and reception area. Mid-market tented camp comprising two complexes of seven tents each configured in two-bed and five-bed units. Camp ground consisting of 17 campsites which include seven luxury campsites serviced with electricity and ten rustic in the bush campsites to be serviced by two central ablution facilities.


BAVIAANSkLOOF VALLEY OF THE BABOONS, 120kM WEST OF PORT ELIZABETH

SOMERSET EAST

ACCOMMODATION DEVELOPMENT

EASTERN CAPE DEVELOPMENT CORPORATION Thozama Jim, Investment Promotion

Ocean Terrace Park, Moore Street, Quigney, East London, Eastern Cape, SA 5213PO Box 11197, Southernwood, East London, Eastern Cape, South Africa, 5213

Fax: (+27) 43 743 6036Email: [email protected]

www.ecdc.co.za

TOURISM


This facility is aimed at the recreational 4x4 camping market and the sedan/caravan/campervan market that can access Geelhoutbos along the good quality gravel road from nearby town, Willowmore.

*Developmentsareclassifiedinnodesfromremotetohighintensitydevelopment.

PROJECT'S CURRENT STATUS Feasibility study completed and implementation earmarked for 2011 to 2012.

The 772 hectare Hluleka Nature Reserve development kick-started with the development of an environmental education centre which, at a later stage, will serve as a conference facility with chalets, bulk infrastructure, and installation of water and electricity systems.

The reserve, which appeals to naturalists and bird lovers, is located on one of the most unspoiled beaches in southern Africa, the Wild Coast. The reserve offers diverse ecosystems from rocky seashores and lagoons to evergreen forests, and also has spectacular dolphin and whale viewing.

USD 2.5 million has been allocated for the development by the Eastern Cape provincial government and construction has begun on seven of the nine four-bed chalets.

The development is facilitated by the provincial biodiversity conservation authority Eastern Cape Parks and Tourism Agency and Eastern Cape Development Corporation, in partnership with a community business structure.

INVESTMENT OPPORTUNITyUSD 4 million private sector funding required for the development of two four-bed chalets and nine two-bed chalets.

PROJECTS CURRENT STATUS Development commenced in 2009 and will be completed in 2012.


WILD COAST, SOUTH EAST OF MTHATHA180 kM FROM EAST LONDON

SOMERSET EAST




www.ecdc.co.za

TOURISM

Port St Johns, known as the Jewel of the Wild Coast, is a small coastal town with 250 km stretches of coast. Like most areas along the Wild Coast, Port St Johns offers a unique blend of cultural richness, prime hiking country with forests and trails and more than 250 species of birds.

The Cable Car, to be used to ferry tourists from town to Mzimvubu Mountain and back, is part of a project aimed at revamping the city. The project is believed to have great potential to resuscitate this former tourism destination with this prime opportunity.

INVESTMENT OPPORTUNITy USD 7 million private sector funding towards infrastructure required for the development in partnership with the municipality.

PROJECTS CURRENT STATUS Environmental impact assessment is underway. Project development will be implemented from 2011 to 2012.


PORT ST JOHNS - WILD COAST




www.ecdc.co.za

SOMERSET EAST

PORT ST JOHNS

COFFEE BAY

TOURISM


EXISTING INFRASTRUCTURE Inspection quarters for conservation staff has six rooms, a meeting/dining room, outdoor braai facility, with easy access to the beach.

PROPOSAL Demolish existing buildings and build up-market self-catering accommodation facilities on a concession basis, with 50 bed exclusive, self-catering, double-story units Create boardwalk access to the beach.

ESTIMATED COST USD 1,748 689

ACTIVITIES Beach walks, hiking trail, boating, fishing

LAND STATUS No land claims Eastern Cape Parks and Tourism Agency has full authority on the development of this nature reserve.

SOMERSET EAST

CONCEPT 1

TOURISM

Rory HaschickECDC Sector Specialist: Aquaculture, Tourism, Fisheries & Environmental

Management Investment and Trade PromotionTel: (+27) 43 704 5710, Fax: (+27) 43 743 6036

Email: [email protected]


PROPOSAL A hiking trail (an up-market, portered trail) covering the whole of East Coast Nature Reserve from Hamburg to Cape Morgan Hikers accommodation built on footprint of old conservators facilities no longer in use


ACTIVITIES Beach walks, hiking trail, boating, fishing

LAND STATUS No land claims Eastern Cape Parks and Tourism Agency has full authority on the development of this nature reserve.SOMERSET EAST

CONCEPT 2

TOURISM


Waters Meeting Nature Reserve has lush vegetation and rolling topography through which the Kowie River meanders on its way to the coast. The beautiful natural history of the Eastern Cape, as it was centuries ago, has been conserved.

PROPOSAL Develop a bush camp at the horse shoe at Waters Meeting Low impact, affordable, permanent tented (50 bed) and chalet type accommodation (60 bed) with self-catering facilities Eco-friendly and low maintenance Develop a multi-purpose facility for weddings and conferences

ESTIMATED COSTUSD 3,205 931

ACTIVITIES Walking, hiking, weddings, conferences

LAND STATUS No land claims Eastern Cape Parks and Tourism Agency has full authority on the development of this nature reserve.

SOMERSET EAST

SUNSHINE COAST

TOURISM

INVESTMENT OPPORTUNITIES IN THE EASTERN CAPE, SOUTH AFRICA | PAGE 40INVESTMENT OPPORTUNITIES IN THE EASTERN CAPE, SOUTH AFRICA | PAGE 36


PROPOSALUp-market lodges with conference facilities based on the frontier history and heritage of the area. Conference capacity: 500 delegates.


ACTIVITIES Walking, hiking, game viewing

LAND STATUS The nature reserve is co-managed with the local community A concession agreement will be entered into with the Community Land Trust

SOMERSET EAST

TOURISM


Dwesa Nature Reserve, in the heart of the Wild Coast, is a blend of lush coastal forests, rugged coastline, magnificent ocean views, white mangroves, rolling green hills, open grasslands, winding rivers, estuaries and vast sandy beaches.

PROPOSAL Development of 36 bed, 3-4 star, self-catering units at site of current chalets Development of bush camp facilities and up-market lodge.

ESTIMATED COST USD 2,623 034 and USD 5,537 518 respectively

ACTIVITIES Walking, hiking, camping, wildlife viewing

LAND STATUS The nature reserve is co-managed with the local community A concession agreement will be entered into with the Community Land Trust

SOMERSET EAST

TOURISM

The production of fruit in Somerset East is viable because of the areas suitable good soil, climate and water conditions. Positive trials on citrus, deciduous fruit, pomegranates, figs and prickly pears show the area is well-suited for fruit production. Value addition activities which include canning, juicing and drying of fruit will further stimulate the local economy. Tests also show that biofuels and fodder can be obtained from prickly pears.

The fruit will be exported from the Port Elizabeth harbour.

INVESTMENT OPPORTUNITyReady for implementation, the fruit production project requires partnerships, joint ventures with local farmers or government, and equity investors. Land can be purchased or leased from land owners.

THE PROJECT ENTAILS: USD 7 million pomegranate development USD 3 million deciduous fruit development USD 2 million prickly pears developmentReturn on investment ranges from USD 8 725 to USD 31 000 per hectare per year.

PROJECTS CURRENT STATUS qUO Suitable land has been identified. Feasibility studies and business plans are complete.


BLUE CRANE DEVELOPMENT AGENCYNico Lombard, Agricultural Manager

PO Box 197 , Somerset East , Eastern Cape, SA 5860Tel: (+27) 42 243 0095, Fax: (+27) 42 243 0097

Mobile: (+27) 82 329 4545, Email: [email protected] www.bluecranedevelopmnetagency.co.za


SOMERSET EAST


SIzE OF INVESTMENT: USD 79 millionMARkET: US, EU and Asia food and health marketsREqUIREMENTS: An investor to establish a plantSTATE OF READINESS: ReadyINFRASTRUCTURE AVAILABILITy: Infrastructure completion within 18 monthsSCOPE FOR EXPANSION: The potential exists for 100% growth within 3 yearsUP AND DOWNSTREAM OPPORTUNITIES/VALUE CHAIN:400 Direct jobs (standard factory); 3 indirect jobs per hectare (30,000 hectares)SkILLS AVAILABILITy: Available labour

SIzE OF INVESTMENT: USD 11.6 millionMARkET: US & EU health and food marketsREqUIREMENTS: An investor to establish a plantSTATE OF READINESS: ReadyINFRASTRUCTURE AVAILABILITy: Infrastructure completed within 12 monthsSCOPE FOR EXPANSION: Identified growth potentialUP AND DOWNSTREAM OPPORTUNITIES/VALUE CHAIN:1 Million: 1 Job ratioSkILLS AVAILABILITy: Sufficient


SIzE OF INVESTMENT: USD 17.5 millionMARkET: US & EU health and food marketsREqUIREMENTS: An investor to establish a plantSTATE OF READINESS: ReadyINFRASTRUCTURE AVAILABILITy: Infrastructure completed within 12 monthsSCOPE FOR EXPANSION: Identified growth potentialUP AND DOWNSTREAM OPPORTUNITIES/VALUE CHAIN:1 Million: 1 Job ratioSkILLS AVAILABILITy: Sufficient

EASTERN CAPE DEVELOPMENT CORPORATION Mlamli Nodada, Agro-processing Sector Specialist


Tel: (+27) 43 704 5606, Fax: (+27) 43 743 6036, Cell: (+27) 83 451 2187Email: [email protected]

www.ecdc.co.za


MARkET OPPORTUNITy>800 000 houses with no access to flushing or chemical toilets or water management

MANUFACTURING POTENTIALManufacturing of digesters

REGIONAL FITVery good as this technology can assist in waste from livestock and organic material.

MARkET OPPORTUNITyMunicipal waste water treatment plants are under threat

MANUFACTURING POTENTIALRemote monitoring and flaring on small scale

REGIONAL FITExcellent solution to treat environmental and health matter; Carbon credits can generate additional revenue for municipal areas

EASTERN CAPE DEVELOPMENT CORPORATION Willie van Heerden, Renewable Energy/General Manufacturing Sector Specialist Ocean Terrace Park, Moore Street, Quigney, East London, Eastern Cape, SA 5213PO Box 11197, Southernwood, East London, Eastern Cape, South Africa, 5213

Tel: (+27) 43 704 5606, Fax: (+27) 43 743 6036, Cell: (+27) 83 451 2193Email: [email protected]

www.ecdc.co.za


SIzE OF INVESTMENT: USD 137.2 millionMARkET: Local blending into fuel suppliesREqUIREMENTS: Funding and technical partnersSTATE OF READINESS: Pre-packaged project existsINFRASTRUCTURE AVAILABILITy: Immediate availability of biofuel plant with upgrade potentialSCOPE FOR EXPANSION: Identified growth potentialUP AND DOWNSTREAM OPPORTUNITIES/VALUE CHAIN:Agricultural and rural expansion potentialSkILLS AVAILABILITy: Agriculture: limited, Engineering: negligible


SIzE OF INVESTMENT: USD 218 586 for feasibility study and business plan developmentMARkET: Local and internationalREqUIREMENTS: Funding and partnershipSTATE OF READINESS: Concept document available; Master plan under developmentINFRASTRUCTURE AVAILABILITy: Pilot project underway INCENTIVES: Industrial Development Zone (IDZ) incentivesSCOPE FOR EXPANSION: Identified growth potentialUP AND DOWNSTREAM OPPORTUNITIES/VALUE CHAIN:Manufacturing, R&D, testing and accreditation of imported equipment, skills development and carbon tradingSkILLS AVAILABILITy: Limited

MARkET: Local REFIT or export of pelletsREqUIREMENTS: Project developers with fundingSTATE OF READINESS: Early stages of development: 3 Million tons of invasive species available for processingINFRASTRUCTURE AVAILABILITy: Availability of two small biomass plants exist (small scale)INCENTIVES: Feed-in tariffSCOPE FOR EXPANSION: Identified growth potentialUP AND DOWNSTREAM OPPORTUNITIES/VALUE CHAIN:Substantial employment opportunities in rural areasSkILLS AVAILABILITy: Available


MARkET OPPORTUNITy>600 000 formal houses in the Province need hot water

MANUFACTURING POTENTIALInsulated storage tanks, evacuated tubes, solar collectors, and mounting systems; Skills training

REGIONAL FITExcellent: Province has high solar radiation with levels between 6000-8000MJ/m2/annum

MARkET OPPORTUNITy>800 000 formal and informal houses in the Province with no access to electricity

MANUFACTURING POTENTIALSolar OV modules and skills training

REGIONAL FITExcellent: the Province has high solar radiation with levels between 6000-8000MJ/m2/annum


MARkET OPPORTUNITy>5000 wind turbines planned for the Province

MANUFACTURING POTENTIALTower and blade manufacturing and tooling as well as skills training

REGIONAL FITVery good: The Eastern Cape has available wind resource (sufficient wind speeds inland and on the coastline)A well-established automotive industry means relevant manufacturing skills for alternative energy (wind) sector.

MARkET OPPORTUNITy>800 000 formal and informal houses in the Province with no access to electricity and agricultural applications that need electricity

MANUFACTURING POTENTIALPotential to increase production, export or even diversify into larger turbine manufacturing.

REGIONAL FITVery good: The Eastern Cape has available wind resource (sufficient wind speeds inland and on the coastline)A well-established automotive industry means relevant manufacturing skills for alternative energy (wind) sector.


SIzE OF INVESTMENT: USD 14 millionMARkET: Local (REFIT)REqUIREMENTS: FundingSTATE OF READINESS: Pending site testingINFRASTRUCTURE AVAILABILITy: Requires upgrade of substationSCOPE FOR EXPANSION: LimitedUP AND DOWNSTREAM OPPORTUNITIES/VALUE CHAIN:Manufacturing of blades and towersSkILLS AVAILABILITy: Negligible

MARkET OPPORTUNITyHigh number of rural areas with little or no access to electricity

MANUFACTURING POTENTIALRefurbishment and maintenance of wind farms

REGIONAL FITExcellent: Some rural areas have no access to electricity; off-grid solution is most cost effective


MARkET OPPORTUNITyCogeneration from invasive alien plants; 2.7 Million tons of material readily available

MANUFACTURING POTENTIALManufacturing of gassifiers

REGIONAL FITThe project will support the work of Working for Water as well as Working for Energy; also addresses notable environmental problems associated with invasive species

MARkET OPPORTUNITy25.8MW of potential hydro power available

MANUFACTURING POTENTIALMicro turbines (10-500KW)

REGIONAL FITProvince has great potential for standalone/off-grid as well as grid connected facilities


NELSON MANDELA BAY, EASTERN CAPE

Rory HaschickECDC Sector Specialist: Aquaculture, Tourism, Fisheries & Environmental

Management Investment and Trade PromotionTel: (+27) 43 704 5710, Fax: (+27) 43 743 6036


FISHING & AqUACULTURE

The project, facilitated by the Eastern Cape Development Corporation and the National Department of Agriculture, Forestry and Fisheries, involves the designation of offshore mariculture zones for the farming of indigenous marine fish species in Algoa Bay in Nelson Mandela Bay. A minimum of one and a maximum of three zones are targeted. The final number of zones will be determined on completing of the environmental impact assessment.

Nelson Mandela Bays harbour, existing processing plants and other land-based support services and infrastructure are suitable for this investment

CURRENT STATUS OF PROJECT Feasibility and environmental impact assessment studies are currently underway and will be completed by the end of 2011. The designation of zones will follow thereafter.

Upon designation of the zones, calls for investment proposals will be made.

INVESTMENT OPPORTUNITy Sites will be available for lease to investors based on their proposals and business plans. Minimum investment value and job creation numbers may apply.

SOMERSET EAST

NELSON MANDELA BAY


Marine fish operation in Port Elizabeth, Nelson Mandela Bay


Breeding, nursing and rearing of fin fish species - SIzE OF INVESTMENT: USD 14.5 million over 5 yearsREqUIREMENTS: Equity partnerSTATE OF READINESS: Pre-packaged project existsINFRASTRUCTURE AVAILABILITy: Construction of a pilot plant overdue/ delayed by cashflow problemsSCOPE FOR EXPANSION: Target: 200 tons per annum in 3 years and 1800 tons in 5 years Scope for a fish processing plant Net cashflow by year 6 = 72 million ZAR or USD 11 million Debt obligations would have been settled by year 4UP AND DOWNSTREAM OPPORTUNITIES/VALUE CHAIN:Agricultural and rural expansion potentialSkILLS AVAILABILITy: Agriculture: limited, Engineering: negligible

FISHING & AqUACULTURE


SIzE OF INVESTMENT: USD 107 millionMARkET: ASIA, EU and IndiaREqUIREMENTS: An investor to manage and operate the facility STATE OF READINESS: ReadyINFRASTRUCTURE AVAILABILITy: The site is serviced and available for constructionINCENTIVES: The Department of Trade and IndustrySCOPE FOR EXPANSION: The facility has capacity to produce up to 100,000 units p.a.UP AND DOWNSTREAM OPPORTUNITIES/VALUE CHAIN:1,600 Direct jobsSkILLS AVAILABILITy: Available skilled labour

AUTOMOTIVE & COMPONENTS


Albasera Aircraft is a Johannesburg-based ultra-light aircraft manufacturer which is relocating to Somerset East. AlbaSera Aircraft imports light sport aircraft kits to be manufactured and sold in southern Africa.

INVESTMENT OPPORTUNITyUSD 1,5 million funding required for a partnership in investment equity or commercial production.

PROJECTS CURRENT STATUS The business plan is complete. Relocation of the manufacturing plant is underway.

BLUE CRANE DEVELOPMENT AGENCYRob Beach, Business Manager

PO Box 197, Somerset East, South Africa 5850Telefax: (+27) 42 243 0095, Mobile: +27 82 329 4547



SOMERSET EAST


MARkET OPPORTUNITy6 Million private cars in South Africa, electric motor bikes; >50 000 households in the Province with solar systems that require storage capacity

MANUFACTURING POTENTIALDeep cycle batteries for storage

REGIONAL FITThree primary electrical storage manufacturers already present in the Eastern Cape

MARkET OPPORTUNITyWhite goods market for 11 Million households in SA and the SADC region

MANUFACTURING POTENTIAL Refrigerators: domestic, commercial and medical; Water heating

REGIONAL FITExcellent manufacturing base with two companies already operational in the Province


The R72/N2 Toll Road project will extend between Nanara outside Port Elizabeth (intersection of N10, N2 and R72) and East London. The R72 is the primary mobility route also used for heavy freight as well as being a tourism route between the two cities. The parallel N2 runs further inland.

STATUS OF FEASIBILITy STUDIES The technical, financial and environmental impact assessment studies are complete. The basic assessments and socio-economic impact study is still required.

EXPECTED CONTRACTUAL/COMMERCIAL STRUCTUREUSD 200 million is expected to be initially funded by the Eastern Cape Department of Roads and Public Works for the R72. SANRAL will provide an estimated USD 450 million for the parallel N2 toll road through capital markets.

The long-term plan involves the transfer of the R72 to SANRAL and both roads being tolled.

EXPECTED CAPITAL COST REqUIREMENTSThe expected capital cost requirements are estimated at USD 650 million towards operations and maintenance, construction, expansion and rehabilitation.

SOUTH AFRICAN NATIONAL ROADS AGENCY LIMITEDRon Harmse, Project Management

48 Tambotie Avenue, Val de Grace, Pretoria, PO Box 415 PretoriaTel: (+27) 12 844 8022, Fax: +27 12 844 8200

Email: xxxwww.nra.co.za

BETWEEN NANARA OUTSIDE PORT ELIZABETH (INTERSECTION OF N10, N2 AND

R72) AND EAST LONDON

SOMERSET EAST

INSTRASTRUCTURE


DRIVING FACTORS More efficient supply chains Job creation Stimulate economic activity Improve safety Boost tourism between Port Elizabeth and East London


The project extends over a total distance of approximately 560km between the N2 Gonubie Interchange (East London, Eastern Cape) and the N2 Isipingo Interchange (KwaZulu Natal). The Wild Coast region has been identified as an area for strategic economic development in accordance with governments spatial development initiative.

The existing N2 south of Mthatha requires major upgrades to fulfill its function as a primary national road between economic centres and to cater for rapidly growing traffic volumes.

STATUS OF FEASIBILITy STUDIES The Record of Decision (RoD) has been received and appeals have been lodged accordingly. The environmental impact assessment reports and all other studies are available on the SANRAL website, www.nra.co.za.

EXPECTED CONTRACTUAL/COMMERCIAL STRUCTUREThe expected contractual structure is in line with successful practice of Build-Operate-and-Transfer (BOT) concessions of the South African National Roads Agency Limited (SANRAL). This means the road will be handed over to the control of SANRAL.

BETWEEN N2 GONUBIE INTERCHANGE (EAST LONDON, EASTERN CAPE) AND N2 ISIPINGO

INTERCHANGE (kWAZULE NATAL)

SOMERSET EAST

INSTRASTRUCTURE

SOUTH AFRICAN NATIONAL ROADS AGENCY LIMITEDRon Harmse, Project Management

48 Tambotie Avenue, Val de Grace, Pretoria, PO Box 415 PretoriaTel: (+27) 12 844 8022, Fax: +27 12 844 8200

Email: xxxwww.nra.co.za


The costs of developing and running the roads will be covered by tolling or charging a fee to the users of the road.

EXPECTED CAPITAL COST REqUIREMENTSThe expected capital expenditure costs for the project is USD 972 million to USD 1,2 billion.

DRIVING FACTORS Alleviate traffic along the route Facilitate economic growth of the area


The Wild Coast Meander project is a 240km surfaced road that will run from Kei Mouth in the South to Port St Johns in the North. The project is aimed at unlocking the tourism potential of the southern Wild Coast, and act as a catalyst for revitalising three provincial reserves in that area.

STATUS OF FEASIBILITy STUDIES A basic planning study for the entire route and linking roads, as well as an environmental screening are complete. The Eastern Cape Department of Roads and Public Works is planning to undertake further financial feasibility studies, however, this depends on potential investors appetite.

EXPECTED CONTRACTUAL/COMMERCIAL STRUCTUREThe expected contractual structure for the project is a Build-Operate-and-Transfer (BOT) public private partnership. The construction period is expected to stretch over eight years, from 2012 to 2020, and the maintenance programme is expected to last for a 20-year period, from 2020 to 2040.

EXPECTED CAPITAL COST REqUIREMENTSThe expected capital cost requirements are estimated at USD 522 million. The road and related infrastructure are expected to account for approximately 60% of the total cost of the project.

DRIVING FACTORS Unlock the tourism potential of the southern Wild Coast Act as a catalyst for revitalising three provincial reserves in the area.

EASTERN CAPE DEPARTMENT OF ROADS AND PUBLIC WORKS Craig McLachlan, General Manager:

Roads Planning & Project Management Office Private Bag X0022, Bhisho, 5605

Tel: (+27)43 711 0100, Fax: (+27)86 588 7897, Cell (+27)82 574 2935 Email: [email protected]

FROM kEI MOUTH TO PORT ST JOHNS

SOMERSET EAST

INSTRASTRUCTURE


The Mthatha Airport development project involves upgrading the current facilities into a fully fledged regional airport with links to Cape Town, Durban and Port Elizabeth and daily flights to Johannesburg. The airport is expected to be the main gateway to the northern eastern parts of the Eastern Cape, which include the tourism destination of the Wild Coast.

STATUS OF FEASIBILITy STUDIES A financial feasibility study completed in 2008 is currently being updated. Scoping done for the project included fencing, upgrading the terminal building and constructing a new parking lot.

Under the new scope, a phased development approach is planned in order to reposition the airport as a logistical multi-facility precinct: Phase 1: Refurbishment of the terminal building, extension of apron, construction of new runway, de-gassing of the existing fuel farm Phase 2: Commercial property investment in both retail and hospitality Phase 3: Cargo targeted upgrades optimising the airport for passenger and freight transportation

EXPECTED CONTRACTUAL/COMMERCIAL STRUCTUREThe expected contractual structure for the project is a public private partnership (PPP).

EASTERN CAPE SOCIO-ECONOMIC CONSULTATIVE COUNCILBaphelele Mhlaba, Programme Manager: Development Planning and Infrastructure12 Gloucester Road, Vincent, East London

Postal Address: Postnet Vincent, P/Bag X9063, Suite No 3025246, Vincent, 5247Mobile: +27 (0) 83 477 3372, Tel: +27 (0) 43 701 3445, Fax: +27 (0) 43 701 3415

Email: [email protected] www.ecsecc.org

MTHATHA

SOMERSET EAST

INSTRASTRUCTURE


EXPECTED CAPITAL COST REqUIREMENTSThe estimated cost is currently estimated at USD 73 million for Phase 1 and USD 486 million for Phase 2 and Phase 3. The Eastern Cape provincial government is spending USD 9,7 million in 2011/12 as part of refurbishment and related works in Phase 1.

DRIVING FACTORS Construct of a new runway to accommodate 737 Boeings and other larger aircrafts Establish a new above ground facility and construct extension of the terminal building to accommodate retail facilities Construct a commercial and hospitality complex incorporating office and conferencing facilities incorporating a hotel Relocate car rental facilities to a separate controlled parking area


The Keil Rail Improvement Project is aimed at improving efficiencies of the existing service between Mthatha and East London. The estimated requirements are four locomotives, 14 passenger cars and six wagons.

STATUS OF FEASIBILITy STUDIES The upgrade is in the feasibility stage. A study for comprehensive purchasing, maintenance and upgrade of the rolling stock and infrastructure assets on the 282km Amabhele Mthatha railway line is underway. A study for the 70km line between Amabhele East London has been commissioned.

EXPECTED CONTRACTUAL/COMMERCIAL STRUCTUREThe expected contractual structure for the Kei Rail Project is a public private partnership (PPP).

EXPECTED CAPITAL COST REqUIREMENTSThe capital cost requirement for new coaches and locomotives is currently estimated at USD 48,6 million.

The capital expenditure estimate includes possible minor modifications to the train sets in order to operate on the 1,067mm track gauge. This should be achieved within a two-year period.

EASTERN CAPE DEPARTMENT OF TRANSPORT (HEAD OFFICE) RAIL AND MARITIMEGabula Bavuyise Tshangana, Engineering Project Manager

Cell: (+27) 71 8654210, Tel: (+27) 43 604 7598/7603, Fax: (+27) 86 675 6868Email: [email protected]

BETWEEN MTHATHA AND EAST LONDON

SOMERSET EAST

INSTRASTRUCTURE


DRIVING FACTORS The need to drastically reduce the 10hr transit time to at least 4.5hrs on the 352km rail line from East London to Mthatha Implement the National Transport Agenda of moving freight from road to rail which will involved transporting goods to and from the central East London Port to the north Eastern Cape region using Mthatha as gateway Upgrading the passenger service


The Kalahari Basin is a large lowland area covering most of Botswana and parts of Namibia, South Africa, Angola, Zambia, and Zimbabwe and holds 80% of the worlds high-grade manganese ore reserves. The development of the manganese fields in South Africas Northern Cape province took off in the early 1960s when the manganese export facility was opened in Port Elizabeth. 50 years later, there remains a strategic need to expand the line given the growing demand for manganese worldwide.

STATUS OF FEASIBILITy STUDIES The financial feasibility study is complete and the environmental impact assessment is planned during the different stages of the project. The scoping development stage is ongoing.

EXPECTED CONTRACTUAL/COMMERCIAL STRUCTUREDifferent funding models are being explored while the scoping studies are being undertaken. The agreed contractual/commercial structure will be determined in due course.

EXPECTED CAPITAL COST REqUIREMENTSThe expected capital cost requirements for the project are estimated at USD 1,2 billion - USD 2,4 billion, depending on the selected technical solution.

DRIVING FACTORSThe project will mainly consist of 12 Metric Tons Per Annum (mtpa) capacity for manganese to the Port of Ngqura.

EASTERN CAPE DEPARTMENT OF TRANSPORT (HEAD OFFICE) RAIL AND MARITIMEGabula Bavuyise Tshangana, Engineering Project Manager

Cell: (+27) 71 8654210, Tel: (+27) 43 604 7598/7603, Fax: (+27) 86 675 6868Email: [email protected]

PORT OF NGQURA

SOMERSET EAST

INSTRASTRUCTURE

SMG

AFRI

CA_

7368

For MorE INForMAtIoN CoNtACt:

ECDC TRADE AND EXPORT PROMOTIONTel: +27 (0) 43 704 5606, Email: [email protected]

ECDC INVESTMENT PROMOTIONTel: +27 (0) 43 704 5606, Email: [email protected]

HEAD OFFICEECDC House, Ocean Terrace Park

Moore Street, Quigney, East LondonPO Box 11197, Southernwood 5213

Tel:+27 (0) 43 704 5600 Fax:+27 (0) 43 704 5700

Cover:Hole-in-the-WallinPortStJohnslocatedontheWildCoastoftheEasternCape.PicturebyJohnCastello.

www.ecdc.co.za

Documents

ECDC_Investment Opportunites_Nov 11