1 minute read
It is time for us to invest in the future
This is the good News – Ed.
The redevelopment of the New Harbour in Hermanus and the Gansbaai Harbour is essential for the economy of our region.
Advertisement
National government’s Operation Phakisa (meaning ‘hurry up’ in Sesotho) was launched in 2014, drawing from the concept of Malaysia's Big Fast Results Methodology. It is a results-driven multi-sectoral approach to growing the blue economy – with a target to create 1 million jobs and contribute up to R177 billion to Gross Domestic Product (GDP) by 2033.
According to the government, over the past five years the maritime economy significantly raised its contribution to the GDP to R41.1 billion in investments, while 10 000 jobs were created.
In line with this, the growth in our local economy through the upgrading of our harbours would fuel much-needed job creation as well as add more variety to our tourism offering.
Click below to read more. (The full article can be found on page 6)