Nelson Mandela Bay economy continues to be on a steady upward trajectory.
This was confirmed by the announcement of a new investment under the business process outsourcing sector by the Eastern Cape MEC Vuyo Mvoko.
The company projects to create 500 jobs for young people within the first 12 months..
The company named, Outworx will open a business process outsourcing (BPO) call centre business that will service reputable insurance businesses from United Kingdom and South Africa.
Speaking at an investment announcement event yesterday, Eastern Cape MEC for Economic Development Vuyo Mvoko said he was excited that Nelson Mandela Bay is starting to show steady signs of improvement.“
The work behind the scenes to create an enabling environment for investments is starting to bare fruit. I am also pleased that NMB is work hard with potential investors to make sure potential investments are turned to secured investments,” said MEC Mvoko.
MEC Mvoko said what encourages more on this investment is the fact that it is focusing on young people, considering the current unemployment rate in the Eastern Cape.
Outworx CEO Robin Hoestra said it was exciting that he was bringing an investment to the City of his birth.
“Our investment is within an area that is on a growth trajectory. This then means within three years of our operations,, we might have created about 2000 jobs,” said Hoestra.
He said the logistical preparation for the start of operations in at an advance stage. Nelson Mandela Bay Municipality Acting Executive Director for Economic
Development Mpho Pebane said he was encouraged that there was appetite from business to invest in the Metro.
“We have done intensive work on investment promotion post COVID-19. Subsequent to that we have seen big companies who are based within Nelson Mandela Bay committing to expansion of their operations, new big investments have already came our way while our tourism industry has also made a full recovery. The state of affairs is indicating to us that we have turned the corner,” said Bepane.
NMB Communications
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