Atlantis Special Economic Zone to house new gas plant

(Media Release: Issued and provided by the Department of Trade, Industry and Competition - DTIC)

The Atlantis Special Economic Zone (SEZ), which is based in Cape Town, will soon be home to a new gas plant that will add discernible impetus to the country’s beneficiation, localisation, employment creation and export revenue generation imperatives.

The R20 million-rand acetylene gas manufacturing facility is being built by Iconic Gases, a company that specialises in industrial and speciality gasses, as well as equipment for projects in the oil and gas, offshore and engineering, procurement and construction environments.

The investment pledge was made at the fifth South African Investment Conference that was hosted by President Cyril Ramaphosa in Johannesburg in April this year. Pledges made at the conference contributed in bringing the total value of investment pledges over a five-year investment mobilisation period to R1.51 trillion, thereby exceeding the initial target of R1.2 trillion set by President Ramaphosa.

See the full press release here or contact Bongani Lukhele – Director: Media Relations for more information:

Enquiries:
Bongani Lukhele – Director: Media Relations
E-mail: BLukhele@thedtic.gov.za