Investment council established

Nelson Mandela Bay serious about tourism

Nelson Mandela Bay Municipality’s Executive Mayor, Benson Fihla, and the Iraqi Ambassador to South Africa, Dr Hisham Al-Alawi
nelson bay.jpg

Nelson Mandela Bay Municipality’s Executive Mayor, Benson Fihla, last week announced an Investment Counil to boost the region's economy, showing the municipality’s intention to aggressively attract investment to the area.

This intent was further highlighted when Deputy Executive Mayor Thando Ngcolomba mentioned - during a quick visit by Iraqi Ambassador to South Africa, Dr Hisham Al-Alawi, that Nelson Mandela Bay is open to receive and consider input on matters of economic development and the eradication of poverty, unemployment and inequality.

During the visit last week by Dr Al-Alawi, facilitated by Africorp International, Deputy Executive Mayor Ngcolomba also said the Nelson Mandela Bay Municipality is working on restoring business confidence in the city to further boost economic activity.

Fihla announced at a recent press conference at Jenny’s Room that Ngcolomba, his second in command, will lead the Investment Council.

“To show our seriousness regarding issues of economic growth and development we will be launching an Investment Council that will be led by the Deputy Executive Mayor to deal with all issues of investment. The relevant directorate has already developed the Terms of Reference for the Council and stakeholders have been identified,” he added.

(Nelson Mandela Bay Municipality)

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