Inside Atlantis SEZ's Vision for Sustainable Industry and Inclusive Growth: Episode 1
'Pioneering a Greener Future: Inside Atlantis Special Economic Zone's Vision for Sustainable Industry and Inclusive Growth' is a special two-part series where we explore the future of green manufacturing and sustainable investment in Africa.
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Series Overview:
In this series, we dive into Atlantis SEZ's bold vision for the green economy and uncover how it's building a resilient ecosystem for investors and industries alike.
We examine how this unique zone empowers green industries, supports ESG goals, and drives skills development for an inclusive, sustainable future.
Whether you're an investor, a manufacturer, or a change-maker, discover how Atlantis SEZ is redefining industrial growth in Africa.
Episode Guest:
Matthew Cullinan, Chief Executive Officer at Atlantis Special Economic Zone
Episode Summary of Key Points:
1. Vision for a Green Economy:
- Atlantis SEZ aligns with UNEP's green economy principles: low or zero carbon emissions, resource efficiency, and social inclusion. The zone aims to be a leader in exploring and implementing sustainable manufacturing practices.
2. Support for ESG Objectives:
- The zone integrates Environmental, Social, and Governance (ESG) goals into its operational framework. This includes aiming for net zero carbon and water usage, zero waste to landfill, and enhancing social inclusion through skill development and community engagement. These efforts not only meet ESG criteria but also ensure competitiveness in global markets, especially with mechanisms like the EU's Carbon Border Adjustment.
3. Target Industries:
- Atlantis SEZ focuses on attracting industries that reduce carbon footprints and enhance resource efficiency. Key sectors include solar panel manufacturing, wind turbine components, lithium-ion battery storage, and electric vehicles. The zone employs a clustering strategy to foster industrial symbiosis, enhancing efficiency and innovation among co-located businesses.
4. Competitive Advantages for Investors:
- Infrastructure Readiness: Immediate availability of industrially zoned land with all necessary services.
- Support from Government: Atlantis SEZ benefits from multi-level governmental support, facilitating easier setup and operation.
- Incentives: Offers e.g. a 15% corporate tax rate and funding for factory structures.
- Lifestyle and Labor: Proximity to Cape Town provides a desirable living environment and access to a stable, skilled labor force.
- Market Access: Excellent logistics for both local and international markets, especially in growing green sectors.
- Comprehensive Support Ecosystem: A dedicated team and partnerships with organisations like InvestSA and GreenCape support investors throughout their investment journey.
Atlantis SEZ is an attractive destination for investors looking to engage in sustainable manufacturing with a supportive, innovative, and community-focused environment. This setup not only promises economic returns but also contributes to global sustainability.
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