New Cape Town/New York flight could boost business in SA

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The mooted United Airlines flight from New York’s Newark airport would increase tourism as well as foreign direct investment

Americans are already ranked as a sizeable and growing market of travelers to SA‚ so the announcement of a non-stop flight between Cape Town and the US is set to boost this tourism.

Cape promotion agency Wesgro’s CEO Tim Harris said: “North America is one of the largest unserved markets for Cape Town and the Western Cape‚ with the US ranked as the third-largest market for inbound passengers to Cape Town International Airport in 2017.” The flight will also see an increase in direct and indirect imports into the province‚ with cargo capacity contributing approximately R94m in potential trade. It is also estimated to contribute R286m to the gross geographic product and R144m in direct gross-value add to the Cape economy.Between January 2003 and February 2017‚ a total of 76 foreign direct investment projects were recorded from the US to the Western Cape‚ amounting to a total capital investment of $1.9bn.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fix the electricity and sort out the water problems. Yanks like aircon and long showers.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New flight between Cape Town and Newark/New York a boon for businessAmericans are already ranked as a sizeable and growing market of travellers to South Africa, and the announcement of a non-stop flight between Cape Town and the USA is set to boost this tourism.
Source: TimesLIVE - 🏆 28. / 59 Read more »

New flight between Cape Town and Newark/New York a boon for businessAmericans are already ranked as a sizeable and growing market of travellers to South Africa, and the announcement of a non-stop flight between Cape Town and the USA is set to boost this tourism.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Non-stop flight between C Town, New York expected to launch in December - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The first non-stop flight between Cape Town and the USA is expected to be launched in December, boosting tourism and creating close to 900 jobs in its first year of operation.
Source: SABC News Online - 🏆 32. / 51 Read more »