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Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

R500 Million Investment

18 February 2023 By Alan Straton

The R500 million investment injected in Nelson Mandela Bay, by South African Breweries is a clear indication of the confidence business has in Nelson Mandela Bay.

The investment made through the expansion of the plant, that will produce new beverage products, will result creation of approximately 14 000 additional jobs. These will be directly created jobs – jobs through the production of raw material from the local farming industry, support processing factories and transportation logistics.

The expansion will see the Gqeberha plant processing ciders, like Flying Fish and Redd’s, that were previously produced at the Johannesburg plant. The current expansion construction has led to the employment of 120 people and 28 companies working on the project. These companies include local small and medium enterprises.

Speaking during the visit by Eastern Cape Premier Oscar Mabuyane to the SAB plant, Nelson Mandela Bay Municipality Executive Mayor, Retief Odendaal reaffirmed that investments like these were a clear indication of what government can achieve if all spheres work together.

“As a City we are excited about the investment injection to our local economy. It is a big step towards the right direction as we all unite to work hard to rejuvenate our local economy. The confidence shown by SAB in Nelson Mandela Bay encourages us to work even harder to ensure we attract more investments,” said Executive Mayor Odendaal.

Eastern Cape Premier Oscar Mabuyane expressed his gratitude to SAB for their confidence in the Eastern Cape.

“What excites me more is the commitment made by the CEO that this investment will have a special focus on developing small and medium enterprises within the value chain of alcoholic beverage production.

Within this value chain we have farming, agri-processing, logistics and construction that have already benefited through the expansion currently underway. This investment will not only create jobs; it will also develop entrepreneurs who will create even more indirect jobs,” said EC Premier Mabuyane.

The Premier said he was pleased that the commitment made by SAB at the Investment Conference convened by the President is coming to fruition today.

“We are equally pleased that this investment and plans have considered our current challenges like the drought by introducing smart ways of water usage and conservation,” said Premier Mabuyane.

SAB CEO Richard Rovett-Carnac said the investment in the Gqeberha plant was SAB’s commitment to the people of the Eastern Cape.

“Apart from producing more products at the plant, this investment will have far more eco-social benefits through the advantages it will bring within the whole value chain. We are excited that we have reached this stage, following a commitment we have to the people of the Eastern Cape,” said Rivett-Carnac.

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Views Since 15 July 2022: 73



Gqeberha’s Latest News and Events can be accessed on MyGqeberha.com.

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Alan Straton

Chief Cook, Bottle Washer and Broom Mechanic at MyPE
Passionate about Port Elizabeth and definitely NOT packing for Perth. Alan's ethos is epitomised in the words of Nelson Mandela; "I have fought against white domination and I have fought against black domination. I have cherished the idea of a democratic and free society. If need be, it is an ideal for which I am prepared to die." See more articles by Alan.
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