The government is squandering a golden opportunity to turn the Port of Cape Town into a jobs bonanza, Cape Town mayor Geordin Hill-Lewis said on Tuesday.
Resolving ongoing capacity problems and inefficiencies at the port could benefit the regional economy to the tune of 20,000 additional direct and indirect jobs and R6bn in additional exports, according to a recent research report, the mayor said.Hill-Lewis maintains the port’s true potential could only be unlocked via private investment, of the kind already tackling other challenges such as power generation and provision of social housing.
“If you want to improve efficiencies in any aspect of the South African state — whether it’s the electricity grid, the postal service or the ports — you have to turn to public-private partnerships,” the mayor said in his opening address at the Ports and Customs Week conference on Tuesday at the Cape Town International Convention Centre.
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