Proposed Greentech Special Economic Zone at Atlantis Feasibility Report

The report assesses the feasibility of a greentech SEZ in Atlantis, concluding that demand is sufficient for a small-scale zone. It evaluates four development options, identifying 'high road refurbishment' as the most financially attractive. The document details the necessary legal governance, spatial planning, and infrastructure requirements, while highlighting critical disaster risks including fire, socio-cultural instability, and proximity to the Koeberg Nuclear Power Station.

• Market demand is sufficient to support a small-scale greentech SEZ in Atlantis, with the area being better suited for the manufacturing of green technologies and materials than for the provision of greentech services.
• Immediate high-potential opportunities for the SEZ (2014-2017) include the manufacturing of wind turbine blades and towers, solar water heaters, selected photovoltaic (PV) module components, and basic components for LED and CFL lights.
• Of the four financial models assessed, the 'high road refurbishment' option is the most attractive, with a discounted net future cash flow of R77.1 million. The 'high road new build' option is the only one found to be financially non-viable, projecting a net loss of R10 million.
• The SEZ is expected to create between 720 full-time permanent jobs under 'low road' scenarios and 1,060 permanent jobs under 'high road' scenarios.
• The report identifies several 'critical considerations' regarding disaster risk, including the high risk of fire due to wind strength, the poor condition of access roads (specifically the R304), and socio-cultural instability characterized by violent service delivery protests.
• A 'potential fatal flaw' is identified regarding the lack of adequate Fire and Rescue Emergency Management Services in the immediate Atlantis area, necessitating the establishment of a dedicated service center.
• The proposed governance structure involves the MEC for Finance and Economic Development applying for the SEZ license on behalf of the Western Cape Provincial Government, with the resulting entity being registered as a Non-Profit Company (NPC).
• The report suggests that the SEZ could attract between R600 million and R650 million in foreign direct investment (FDI) between 2014 and 2017, including a R300 million investment already committed by Gestamp.
• Technical assessments indicate that the two identified greenfield sites are flat and already possess the necessary land use rights and environmental authorizations for green industry enterprises.

APA

GreenCape (2014). Proposed Greentech Special Economic Zone at Atlantis Feasibility Report. https://greencape.co.za/assets/Atlantis-SEZ-content/ASEZ-feasibility-report-final.pdf

Chicago

GreenCape. Proposed Greentech Special Economic Zone at Atlantis Feasibility Report. 2014. https://greencape.co.za/assets/Atlantis-SEZ-content/ASEZ-feasibility-report-final.pdf.

Wikipedia

{{cite report |author=GreenCape |title=Proposed Greentech Special Economic Zone at Atlantis Feasibility Report |date=11 December 2014 |url=https://greencape.co.za/assets/Atlantis-SEZ-content/ASEZ-feasibility-report-final.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greencape2014proposed, author = {{GreenCape}}, title = {{Proposed Greentech Special Economic Zone at Atlantis Feasibility Report}}, institution = {GreenCape}, year = {2014}, month = dec, url = {https://greencape.co.za/assets/Atlantis-SEZ-content/ASEZ-feasibility-report-final.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }