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Western Cape launches a R5 million export booster fund

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The Western Cape Government’s Department of Economic Development and Tourism has launched the Export Competitiveness Enhancement Programme (ECEP), to support businesses that are export-ready or working towards export readiness to meet international market requirements.

“Expanding exports of products and services is a priority focus area of our provincial Growth for Jobs Strategy. Our research indicates that if we can increase exports by 10%, we can generate an estimated additional R6 billion to the Western Cape Gross Domestic Product, creating many more jobs,” said MMC of Finance and Economic Opportunities, Mireille Wenger.

Wenger said “enabling access to global markets is key to achieving break-out economic growth for the Western Cape economy precisely because exports create opportunities for domestic producers to expand and diversify their customer bases, so that they can grow their businesses.”

The focus of the programme will be on developing and investing in the capacity of businesses

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