{"id":250835,"date":"2023-02-22T20:53:44","date_gmt":"2023-02-22T18:53:44","guid":{"rendered":"https:\/\/mypr.co.za\/?p=128839"},"modified":"2023-02-22T20:53:44","modified_gmt":"2023-02-22T18:53:44","slug":"port-shepstone-techno-hub-brings-significant-investment-potential-to-the-kzn-south-coast","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/port-shepstone-techno-hub-brings-significant-investment-potential-to-the-kzn-south-coast\/","title":{"rendered":"Port Shepstone Techno Hub brings significant investment potential to the KZN South Coast"},"content":{"rendered":"<aside class=\"scaip scaip-1 \">\n<aside id=\"republication_tracker_tool-2\" class=\"republication_tracker_tool clearfix\">\n<h5 class=\"adtitle\">Republish for Free<\/h5>\n<div class=\"license\">\n<p><button name=\"Republish This Story\" id=\"cc-btn\" class=\"republication-tracker-tool-button\">Republish This Story<\/button><\/p>\n<p><a class=\"license\" rel=\"noreferrer license noopener\" target=\"_blank\" href=\"http:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/\"><img decoding=\"async\" alt=\"Creative Commons License\" class=\"lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2023\/02\/port-shepstone-techno-hub-brings-significant-investment-potential-to-the-kzn-south-coast.png\"><\/a><\/p>\n<p><img decoding=\"async\" alt=\"Creative Commons License\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2023\/02\/port-shepstone-techno-hub-brings-significant-investment-potential-to-the-kzn-south-coast.png\"><\/div>\n<div class=\"message\">\n<p>Republish our articles for free, online or in print, under a Creative Commons license.<\/p>\n<\/div>\n<\/aside>\n<\/aside>\n<p>\u201cGiven what we know today about the potential beneficial impacts of the Fourth Industrial Revolution, we must embrace this historic confluence of human insights and engagement, artificial intelligence and technology, to rise to the challenges of poverty, unemployment and inequality.\u201d \u2013 President Cyril Ramaphosa<\/p>\n<p>As part of the government\u2019s drive to shift South Africa to a nation of early adopters in terms of technology, the KZN South Coast has been chosen as one of four provincial sites for the establishment of a technological hub \u2013 a development investment for the fourth industrial revolution (4IR). The Port Shepstone Techno Hub will not only help achieve this goal, it promises unlimited opportunities for keen investors.<\/p>\n<p>Run by the provincial government in partnership with Ray Nkonyeni Local Municipality, the Port Shepstone Techno Hub is the first of four such hubs which are set to stimulate the region\u2019s economy by providing a collaborative space for investors and entrepreneurs. This will also form part of the Eastern Seaboard Development Initiative which aims to unlock the economic potential of the region within the Eastern Cape and KZN \u2013 with the KZN South Coast falling within this framework.<\/p>\n<p>\u201cWe are proud that the KZN South Coast has been chosen as one of the key locations for the development of a techno hub, a development investment that will undoubtedly benefit the youth,\u201d commented Phelisa Mangcu, CEO of South Coast Tourism &amp; Investment Enterprise (SCTIE). \u201cThe location of Port Shepstone is particularly well chosen. As the business and administration hub of the KZN South Coast, there is now even more reason for individuals and organisations to consider setting up shop here. There are great things in store for this region!\u201d<\/p>\n<p>The 20-hectare gated location for the techno hub consists of five land-use zones, including light industrial\/commercial, techno hub\/hotel\/conference centre, mixed-use commercial, and mixed-use residential. The project is currently in Phase 1 which includes the completion of the fencing and an administrative building including three training rooms and a board room. The site has already received much investor interest with land plots being the attention of investors such as the Radisson Hotel Group \u2013 the American multi-national hospitality company \u2013 already committing to the hub.<\/p>\n<p>Ray Nkonyeni Local Municipality is sharing some key areas of investment opportunity found here including:<\/p>\n<p>\u2022 Business innovation programmes<br \/>\u2022 Film and media innovations<br \/>\u2022 Leisure and entertainment facilities<br \/>\u2022 Information, communication, and technology<br \/>\u2022 Tourism and the ocean economy<br \/>\u2022 Energy innovation<br \/>\u2022 Water technology<\/p>\n<p>In addition to the massive investment potential, the Port Shepstone Techno Hub will provide valuable insight that will be used to benefit other sectors on the KZN South Coast, among them manufacturing, renewable energy, logistics, and the agri-business industry. There is also value add in terms of attracting a younger workforce looking to explore, practice, and test innovative ideas that could benefit the region and country.<\/p>\n<p>\u201cThis is not solely about job creation, but about creating a productive space for entrepreneurial thinkers to get together and collaborate on ground-breaking ideas and projects,\u201d continued Mangcu. \u201cThe Port Shepstone Techno Hub really has the potential to drive socio-economic development, increase competitiveness, and grow the area in line with the fourth industrial revolution.\u201d<\/p>\n<p>SCTIE has partnered with Trade and Investment KwaZulu-Natal (TIKZN) to establish a One Stop Shop office on the KZN South Coast. This aims to improve the efficiency of doing business, ensuring investors have access to municipal incentives in the district, such as those being offered through the Ray Nkonyeni Local Municipality (RNM).<\/p>\n<p>Extending from Port Shepstone, the area\u2019s economic hub, throughout the KZN South Coast, there are so many investment opportunities. To find out more about these #unlimitedopportunities, get in touch with SCTIE, the KZN South Coast\u2019s One-Stop Shop for investment. Contact SCTIE on 039 682 7944, email info@sctie.co.za or visit www.investkznsouthcoast.co.za.<\/p>\n<p>Keep updated on Facebook; South Coast Tourism and Investment Enterprise on YouTube; @infosouthcoast on Twitter or Instagram; and Info Ugu South Coast Tourism on LinkedIn. Follow #unlimitedopportunities #investkznsouthcoast #investment and #kznsouthcoast! And click here to check out previous SCTIE press releases.<\/p>\n<p><a href=\"http:\/\/mypr.co.za\/contact\/featured\/\">CLICK HERE to submit your press release to MyPR.co.za for free<\/a>.<\/p>\n<p> <span class=\"post-views-icon dashicons dashicons-chart-bar\"><\/span> <span class=\"post-views-label\">Press Release Views since 1 July 2022:<\/span> <span class=\"post-views-count\">64<\/span> <\/p>\n<div class=\"entry-pagination pagination\">Pages: <span class=\"post-page-numbers current\"><span class=\"screen-reader-text\">Page <\/span>1<\/span> <a href=\"https:\/\/mypr.co.za\/port-shepstone-techno-hub-brings-significant-investment-potential-to-the-kzn-south-coast\/2\/\" class=\"post-page-numbers\"><span class=\"screen-reader-text\">Page <\/span>2<\/a><\/div>\n<p><a href=\"https:\/\/mypr.co.za\">Source: MyPR.co.za<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. \u201cGiven what we know today about the potential beneficial impacts of the Fourth Industrial Revolution, we must embrace this historic confluence of human insights and engagement, artificial intelligence and technology, to rise to the challenges [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":250836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9021],"tags":[3257],"class_list":{"0":"post-250835","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mypr","8":"tag-mypr","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2023\/02\/port-shepstone-techno-hub-brings-significant-investment-potential-to-the-kzn-south-coast.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/250835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=250835"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/250835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/250836"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=250835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=250835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=250835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}