Between 2010 and 2021, more than 200 UK companies invested in 274 foreign direct investment projects within our borders, reaching a total capital expenditure of R164,6 billion and creating 22 500 jobs:
The meeting was the first leg of the delegation’s trade mission to London which will also see them meet with the Greater London Authority, the local government team responsible for their economic regeneration strategies.
“This season, Cape Town will welcome 24 flights each week from London’s Gatwick and Heathrow airports,” said Vos. “It is also the third-largest export market for the Cape and is among the top sources of foreign direct investment in South Africa.” “This is, however, only a fraction of the potential economic opportunities to be realized for Cape Town,” Vos added. “Our goal over the next few days is to secure more investments, travel and trade from the UK market, thus driving more revenue into our local economy and creating more jobs for Capetonians.”
To give UK guests a taste of Cape Town and South Africa, they were served with items such as boerewors, samoosas, chakalaka on vetkoek and South African made wine.
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