The Western Cape's pipe dream
The W.Cape government believes Cape Town can become Africa’s biggest gas oil and gas hub.
CAPE TOWN - The Western Cape government said on Tuesday the province has all the things needed to become the oil and gas hub of the African continent.
In 2011 the oil and gas sector attracted over R1.2 million worth of investment.
At the same time, over 5,800 job opportunities were also created.
It is estimated that a stay of eight weeks by an oil rig docked at the Port of Cape Town while contribute R200 million the Western Cape economy.
Economic Development MEC Alan Winde visited three companies involved in the sector on Tuesday.
"There's massive opportunity in this industry along the east and west coasts. We're actually in the middle of doing sea trials for two vessels going to Angola. These are driven by gas growth on our coast line."
Damen Shipyards Group's Frank Rebel said improving the skills of those coming into the sector was essential.
"We started with the training centre in April, 2010 when we began with our first group of trainees. We've been busy with this for three years now. At the moment there are 36 apprentices working, of which seven are female."