South African President Cyril Ramaphosa on Thursday launched the Atlantis Special Economic Zone (SEZ) outside Cape¹ Town.

 

南非总统西里尔·拉马福萨周四在开普敦城外开设亚特兰蒂斯经济特区。

 

This brought to nine the total number of SEZs in the country.

 

The Atlantis SEZ was conceived as an integrated and sustainable economic development intervention² in a region with both great promise and several social challenges, Ramaphosa said at the launch ceremony.

 

The fundamental premise³ of the Atlantis SEZ is to unlock the underlying⁴ economic value of existing and underutilized infrastructure⁵ through the creation of a green tech manufacturing hub, according to the president.

 

This includes exploiting its strategic location with its access to major national roads, he said.

 

Its proximity⁶ to two ports, in Cape Town and Saldanha, provides advantages for exporters, Ramaphosa said.

 

In addition to securing investments, the Atlantis SEZ has an investment pipeline⁷ valued at 2.4 billion rand (about 174 million dollars).

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