Eastern Cape : Low-budget SOPA heavy on drama and promises By Estelle Ellis
Eastern Cape Premier Oscar Mabuyane’s State of the Province Address was done on a budget of R500,000, according to the press briefings before the event – much less than last year – but it remained heavy on promises of jobs and infrastructure development.
“These initiatives have been revived by the premier, with millions more being allocated, and no guarantees that anything will change,” Bhanga said. He said that in the past year the Coega Special Economic Zone had signed up 18 new investors who had pledged investment worth R2.6-billion. Since March 2019, the Coega Development Corporation has signed four new lease agreements, with the companies all pledging to invest more than R110-million, Mabuyane said. In the East London Special Economic Zone, there were 14 projects under construction.
He said his government was in talks with Transnet to increase the capacity of the railway line between Johannesburg and Port Elizabeth to facilitate an increase in exports from the city’s harbour. Mabuyane announced that a “significant land deal” has been concluded with Transnet to move the manganese export terminal currently at the Port Elizabeth Harbour and that this will pave the way for the development of the Port Elizabeth waterfront.
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