Western Cape open for tech business

2014-06-03 12:00 - Duncan Alfreds
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A Hisense technician explains the flat screen TV manufacturing process to MEC Donald Grant at the factory in Atlantis. (Duncan Alfreds, News24)

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Cape Town - The Western Cape is open for technology companies to do business, and it is a critical part of the provincial strategy to expand the sector.

Together with Minister [Alan] Winde, in future we will make that we can cut red tape wherever we can to facilitate further export growth into Africa," said Western Cape Transport and Public Works MEC Donald Grant on Monday.

Grant was speaking at the Hisense factory in Atlantis outside Cape Town as the company celebrated its first African export order for televisions.

The Atlantis factory is a high-tech enterprise that has created employment for 500 people, and the company hopes to expand that to 1 200 as demand increases.

On a tour of the facility, Grant and a media contingent were shown the production process and it was evident that the company is intent on consolidating market gains.

Manufacturing importance

Grant said that manufacturing was important to the economy of the Western Cape in that the sector made up 17% of GDP.

"The important factor is that for every job created here locally, there's a ratio of three jobs that are created, both from a supplier and distribution network going forward," he added.

Since entering SA in 1996, Hisense has sold around 140 000 panel TVs and 170 000 refrigerators, giving the company a 14% market share.

It is on a drive to expand both in SA and Africa in general and Grant joked that he would soon be buying a new Hisense TV.

"Since I will be purchasing two flat screen TVs shortly, I know what I'm going to buy in future," he said.

Watch MEC Donald Grant's remarks here:




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Read more about: hisense  |  cape town  |  economy  |  technology

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