The N2 Wild Coast road project will contribute to economic growth and open a trade corridor along the south-eastern coast of South Africa that will promote trade and tourism in South Africa and neighbouring countries Mozambique, Swaziland and Lesotho, South African National Roads Agency Limited (Sanral) CEO Skhumbuzo Macozoma said this week.
The new N2 Wild Coast road will create many new opportunities for economic growth in the post-Covid-19 period, he said in a statement issued on April 29.
The project is expected to create thousands of new jobs and opportunities for the development of small, medium-sized and microenterprises (SMMEs), but will also make the movement of people and goods much easier, especially through the Eastern Cape. It represents a significant socioeconomic injection for local communities and about R4-billion will be spent on targeted enterprises during the construction period.
Small Business Development Deputy Minister Nokuzola Capa said the department…