{"id":75939,"date":"2024-11-04T17:30:00","date_gmt":"2024-11-04T17:30:00","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/wesgro-secures-r7-75bn-in-investments-projected-to-create-nearly-4000-jobs"},"modified":"2024-11-04T17:30:00","modified_gmt":"2024-11-04T17:30:00","slug":"wesgro-secures-r7-75bn-in-investments-projected-to-create-nearly-4000-jobs","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/wesgro-secures-r7-75bn-in-investments-projected-to-create-nearly-4000-jobs","title":{"rendered":"Wesgro secures R7.75bn in investments projected to create nearly 4,000 jobs"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>The Western Cape government\u2019s trade and investment promotion agency Wesgro has secured R7.75bn in committed investments for the 2023\/2024 financial year.<\/p>\n

Noko Masipa, a member of the provincial legislature and DA spokesperson on economic development and tourism, said this would lead to 3,913 jobs being created over the next five years. He said the green economy had emerged as a key investment driver, representing 57% of the new projects facilitated.<\/p>\n

\u201cIn addition, 157 trade declarations were secured by Wesgro to the value of about R6.8bn, resulting in 4,948 jobs,\u201d he said.<\/p>\n

Masipa said the department, with its associated entities, recently presented their annual reports in the legislature. They highlighted:<\/p>\n

the registration of 1,244 tourist guides;<\/p>\n

the provision of tourism safety services to 400 beneficiaries;<\/p>\n

72 businesses received export-readiness support; and<\/p>\n

the business support helpline recorded 336 cases, achieving a 93% resolution rate.<\/p>\n

\u201cIt is only through economic growth that we can achieve a sustainable improvement in the lives of our residents.\u201d<\/p>\n

For More News And Analysis About South-Africa<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. The Western Cape government\u2019s trade and investment promotion agency Wesgro has secured R7.75bn in committed investments for the 2023\/2024 financial year. Noko Masipa, a member of the provincial legislature and DA spokesperson on economic development and tourism, said this would lead to 3,913 jobs being created over the next five years. He […]<\/p>\n","protected":false},"author":84,"featured_media":75938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[274,315,275],"class_list":["post-75939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nWesgro secures R7.75bn in investments projected to create nearly 4,000 jobs - South Africa<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/wesgro-secures-r7-75bn-in-investments-projected-to-create-nearly-4000-jobs\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wesgro secures R7.75bn in investments projected to create nearly 4,000 jobs\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – South-Africa. The Western Cape government\u2019s trade and investment promotion agency Wesgro has secured R7.75bn in committed investments for the 2023\/2024 financial year. Noko Masipa, a member of the provincial legislature and DA spokesperson on economic development and tourism, said this would lead to 3,913 jobs being created over the next five years. 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