BYLINE: AMANDEEP PARMAR
SCORES of jobs in the boat-building industry have been saved because a three-year lease has been granted for the boat-launching facility at Elliot Basin in Cape Town's harbour.
The National Ports Authority granted the lease to the Cape Town Boatbuilding and Technology Initiative (CTBi) after an extensive open tender process which began in January, ending months of speculation.
The news comes as a massive lifeline to the industry, which employs 3 500 people directly and boasts a R2 billion turnover in the Western Cape, as they were simply stuck for space and had nowhere else to put their large vessels.
"We were in …
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