Loated on the shores of Algoa Bay, the Nelson Mandela Bay Metropolitan Municipality (NMBMM)is the economic powerhouse of the Eastern Cape Province, contributing 44% to the regional GGP. The largest contribution is made by the manufacturing sector (33%), followed by the communiy, social and presonal service sector (20%) and then the financial, insurance, real estate and business service sector (15%).
Port Elizabeth is the largest city in the metro, and is the fifth largest in South Africa.
The population of Nelson Mandela Bay Metropolitan Municipality is estimated at just over 1.5 million, of which 35% is below the age of 20 years. This relatively youthful population means that education and job creation require urgent attention.
- Cooperatives support and marketing in arts and crafts sector;
- Hydroponic tunnels for vegetable production
- Small business support centre and advice
Key Investment Opportunities: Private investment opportunities: automotive and components manufacturing; tourism; wool, mohair, textiles, clothing and leather; medicines; electronics; ICT; chlorine and petrochemical cluster; logistics; robotics; energy; and agribusiness. Nelson Mandela Bay offers: world-class infrastructure for investment at the iconic Coega industrial development zone (IDZ) and deep-water Port of Ngqura; vibrant automotive manufacturing centre and Logistics Park; and “windy city” – opportunity for wind energy generation.