Economic Growth Opportunities for Investors

The Western Cape is South Africa's leading BPO destination, capturing 60% of the country's BPO market, solidifying its global position.

More than 70% of Western Cape health tech exports service African demand - highlighting its position as a leading health tech hub of Africa.

The Western Cape has among the highest solar and wind energy endowments enabling Green Hydrogen (GH2) production at half the cost. 

The Western Cape's agri-processing sector has grown by over 7.2% in terms of its GVA between 2019-2024, aligning with forecasted annualised growth rates.

The Western Cape captures 70% of the country's renewable energy component manufacturing - solidifying its status as the renewable energy hub of South Africa.

The Western Cape is Africa's premier destination for business meetings, with Cape Town hosting the most international in-person association meetings on the continent in 2023.

The Western Cape's boatbuilding industry grew by 96% from R2.3 billion in 2020 to R4.6 billion in 2024.

Cape Town Ports serves as a vital conduit for international trade, facilitating substantial volumes (69.4 million metric tons in 2024) of containerised and bulk cargo.

The Western Cape's clothing and textile sector significantly contributes to exports, with the industry adding just over R5 billion to the Western Cape's economy between 2023 and 2024.

Cape Town's landscapes and cost-effective replication of foreign destinations attract top filmmakers, with 45% of South African film services exported to international markets.

The Western Cape Indigenous Knowledge Systems Documentation Centre has catalogued over 500 uses for fynbos, enabling the extraction of unique premium botanicals. 

The Western Cape receives approximately 600 mechatronic and mechanical engineering graduates annually with a steady supply of skilled floor labour. 

The Western Cape’s strong academic institutions and burgeoning tech ecosystem offer unique opportunities for focused AI research to address unique African challenges.

The Western Cape offers sound stages, post-production facilities, VFX and animation studios, and greenfield production capabilities.

The Western Cape has a distinctive socio-economic environment that enables the creation of localised cybersecurity solutions for emerging markets. 

The Western Cape offers a unique combination of research excellence, infrastructure, and market access.