Atlantis high unemployment addressed with green energy
It’s expected the community will also benefit from foreign direct investment.
CAPE TOWN - The high unemployment rate in Atlantis could be improved by planned renewable energy developments in the area.
The Western Cape town is considered prime industrial property, with a number of key investors vying to do business in the region.
It's expected the green technology industry will create several jobs in the community while increasing the potential for foreign direct investment.
Local councillor Barbra Rass explains, "Finally a lot of things are coming to pass. We are excited because I think its great news. We are invited to various forums with owners from various sectors, so yes, great things are happening."
Atlantis, chosen for its unused industrial tracts of land, has long struggled with a high unemployment rate.
Billions of rands in renewable energy investments have been projected for the region over the next few years.
The City's Trade and Investment Director, Tim Harris says "There's a whole lot of opportunity emerging in the space, it's an advantage the Western Cape has, we've got a lot of wind and sun. With the movement globally towards cleantech and green energy solutions, it becomes an natural advantage for our city and for our region."