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Eastern Cape Business 2017 edition

The 2017 edition of Eastern Cape Business is the 10th issue of this highly successful publication that, since its launch in 2006, has established itself as the premier business and investment guide to the Eastern Cape Province. The Eastern Cape enjoys an abundance of natural and human resources, as well as established industrial infrastructure that drives the economy of the province. This includes three ports and two industrial development zones which are home to a wide range of manufacturers and exporters. The 2017 edition includes an in-depth look at the province’s two Industrial Development Zones, a focus on skills development and investment climate information from the Nelson Mandela Business Chamber and the Border-Kei Chamber of Business.

The 2017 edition of Eastern Cape Business is the 10th issue of this highly successful publication that, since its launch in 2006, has established itself as the premier business and investment guide to the Eastern Cape Province. The Eastern Cape enjoys an abundance of natural and human resources, as well as established industrial infrastructure that drives the economy of the province. This includes three ports and two industrial development zones which are home to a wide range of manufacturers and exporters.
The 2017 edition includes an in-depth look at the province’s two Industrial Development Zones, a focus on skills development and investment climate information from the Nelson Mandela Business Chamber and the Border-Kei Chamber of Business.

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Aquaculture<br />

Fish from the Karoo will soon be a popular dish.<br />

OVERVIEW<br />

“Catch of the day” is about to take on a new meaning, with the<br />

fish coming from the semi-desert Karoo region. “Karoo Catch”<br />

is the brand name for freshwater fish produced by Blue Karoo<br />

Trust, a project taking shape near the town of Graaff-Reinet.<br />

A central farm will be supported by 39 outgrowers and the aim is<br />

to produce about 14 000 tons of fish on an annual basis. The intended<br />

market is organisations that need protein in bulk such as hospitals,<br />

schools and government institutions. South African love to eat pilchards<br />

but the catch has been decreasing every year. An alternative<br />

canned fish in tomato sauce will use tilapia, carp or catfish. The risk<br />

capital unit of the <strong>Eastern</strong> <strong>Cape</strong> Development Corporation (ECDC) is<br />

supporting the venture and there have been contributions from local<br />

government, national institutions and a foreign donor.<br />

Fish farming was high on the agenda in September 2016 at the inaugural<br />

South African Oceans Economy Symposium hosted by the Nelson<br />

Mandela Metropolitan University (NMMU) and Strategic Partners, South<br />

Africa. The conference was called “Investing in blue growth and sustainable<br />

solutions for Southern Oceans: Lessons from Nordic countries”.<br />

Aquaculture forms a big part of the South African government’s fasttrack<br />

Operation Phakisa strategy. One initiative is tackling 24 projects<br />

across South Africa by 2019 so there should be great opportunities<br />

for private investors.<br />

The intention is to increase the aquaculture sector’s revenue<br />

from about half a billion rand today, to R1.4-billion in 2019. Another<br />

initiative aims to reduce waiting times for processing of applications<br />

ONLINE RESOURCES<br />

Aquaculture Association of South Africa: www.aasa-aqua.co.za<br />

Aquaculture Development and Enhancement Programme:<br />

www.thedti.gov.za<br />

Coega IDZ: www.coega.co.za<br />

East London Industrial Development Zone: www.elidz.co.za<br />

Operation Phakisa: www.operationphakisa.gov.za<br />

South African International Maritime Institute: www.saimi.co.za<br />

South African Institute of Aquatic Biodiversity: www.saiab.ac.za<br />

SECTOR INSIGHT<br />

A symposium on the oceans<br />

economy was held in PE in<br />

2016.<br />

and approvals from 890 days to<br />

240 days.<br />

Pure Ocean Aquaculture and<br />

Ocean Wise are located within the<br />

East London IDZ. At Zone 10 in<br />

the Coega IDZ, 250ha has been<br />

set aside for fresh fish farming<br />

and 100ha for marine farming.<br />

A processing plant and research<br />

and development and training<br />

facilities are planned. The Coega<br />

Development Corporation estimates<br />

that 34 250 tons of abalone,<br />

Dusky Kob and seaweed could<br />

be harvested.<br />

The National Department of<br />

Science and Technology (DST)<br />

is working with Irvin & Johnson<br />

in running a marine finfish<br />

grow-out pilot in the waters of<br />

Algoa Bay.<br />

The Aquaculture Development<br />

and Enhancement Programme<br />

(ADEP), a programme of the<br />

Department of Trade and Industry<br />

(dti), offers a reimbursable grant<br />

up to R40-million for new projects,<br />

or to expand or upgrade<br />

existing projects.<br />

37 EASTERN CAPE BUSINESS <strong>2017</strong>

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