Why Invest
South Africa is a trove of investment opportunities. It is seen as a country with a sophisticated economy based on manufacturing, mining, financial services, an abundant supply of natural resources and a stock exchange that ranks among the 10 largest in the world.
Since democracy in 1994, the economic progress in South Africa has been extraordinary. It's currently the biggest economy on the African continent and the 25th largest in the world. South Africa's GDP is currently worth $456.7-billion and is the world's largest producer of gold and platinum.
South Africa's growth and the interest of investors make a bright economy, perfect for investment opportunities.
Why The Irish Invest In South Africa
New relationships and new trade links with Ireland have proven to be highly successful to South Africa's trade industry - and vice versa. As Ireland's biggest African trading partner, investment into South Africa from Irish companies has seen steady growth over the past decade with total trade currently valued in excess of €400-million (R2.9-billion).
Ireland's economic history is similar to that currently being experienced by South Africa. Two decades ago, Ireland was crippled by debt and the economy was on a downward spiral and the well-educated were leaving Ireland in their droves. However, twenty years later, Ireland is in a whole new economic ballgame.
The Irish economy recovered thanks to the focus being predominantly on inward investment into Ireland. Furthermore, Ireland also concentrated on improving education on secondary and tertiary levels. All this economic experience and knowledge from the Irish can only be beneficial to South Africa's growing economy.
South African Investment Opportunities
The Irish see a lucrative opportunity to invest in South Africa, whilst simultaneously giving the country the same chance for renewal that they were given. One such example of this growing partnership is Eurocape and Howard Eurocape's R1-billion investment into the improvement of Cape Town's CBD.
Contact us to find out more about Eurocape's investment opportunities.
