Summit promotes trade & opportunity in the blue economy


The Eastern Cape Maritime Summit on November 13 in Port Elizabeth will spur trade and investment in the region and assist entrepreneurs and investors understand how to tap into the “blue economy’’, increasingly hailed as South Africa’s proverbial golden goose.

The Eastern Cape Province with its 800km of coastline, and three ports, including the Port of Nqura - one of the fastest growing terminals in the world - is set to become South Africa’s leading hub of maritime economic activity and while government’s Operation Phakisa had effectively placed the maritime economy well onto the development agenda, business lacked knowledge and resources to tangibly enter the sector, Inkanyezi Event’s CEO Andrew Binning says.

The Maritime Summit, he said, will address, at a practical level, actual opportunities and how businesses and entrepreneurs can access them, through case-studies and other expert presentations. Plenary sessions, followed by break-away streams focussed on specific aspects such as Transport, Aquaculture and Tourism will draw over 300 national delegates.

The tradeshow, featuring up to 100 exhibiting organisations would spur sales and contracts between buyers and suppliers in the sector nationally, Binning said.

“We want to provide critical information and resources without the Summit becoming another talkshop - so opportunity and sales are the two key themes.’

The Summit is presented under the auspices of the Nelson Mandela Bay Maritime Cluster with the collaboration of Eastern Cape Socio-Economic Consultative Council, the Eastern Cape Development Corporation, the Nelson Mandela Bay Chamber of Business, Border Kei Chamber of Business and the Eastern Cape Department of Transport, the custodian of Maritime transport in the region, among others.

The South African government announced in October 2014 that it would be implementing ocean economy projects, which it expected to contribute more than R20 billion to the country’s gross domestic product by 2019. These projects form part of the government’s National Development Plan.

comments powered by Disqus


This edition

Issue 91


Opportunitymag With less than two months to go, the countdown has officially begun for the inaugural #Agri-Business and #Eco-Touri… https://t.co/IcEnPmQdLG 3 months - reply - retweet - favorite

Opportunitymag #PetroleumAgencySA is South Africa’s state-owned company established through a Ministerial Directive in 1999.… https://t.co/vs4vhFCSAl 6 months - reply - retweet - favorite