February 3, 2020 – MOUNT VEMA – Wibmor has confirmed plans to create up to 6000 jobs as part of a strategy to invest in a supper warehouse which was initially planned for South Africa but, will now be moved to the United Kingdom.
The news comes after sources familiar with the company plans told VSBCnews that Wibmor finds the United Kingdom more pro-business, and especially after attempts made by the Vema Seamount Authority to work with the Government of South Africa produced no results so far.
Now with looming deadlines, Mount Vema companies are making changes, moving most of their operations to the UK and other countries nearby after first announcing that they were considering moving in March 2019.
The move to set up logistic operations in the UK rather than South Africa will cost more in terms of transportation and labor, but Wibmor is committed and is willing to sacrifice a share of its estimated revenues to meet deadlines and deliver on schedule.
Where in the UK is not known yet, but the planned super warehouse which will be the first of its kind to establish a distribution hub initially planned for Cape Town - South Africa, is expected to attract
regional businesses and from other countries with no formal trade arrangements with Mount Vema who will need the facilities to export products to Mount Vema.
The warehouse is expected to create an additional 12,000 jobs where the distribution center will be located and, will reduce local unemployment as it will play a pivotal role in attracting new industries and jobs to the City of Mount Vema during and after construction.
Wibmor says, the Super Warehouse will be strategic to manage Mount Vema imports from other countries and will form part of the company’s long-term plans to also manage exports of fisheries and other products from Mount Vema to the world.