At the very southern tip of the African continent lies one of the most magnificent landscape in the world going by the number of tourists that flock there every year to enjoy its golden beaches and scenic mountains.

No wonder South Africa’s Western is recognized as one of UNESCO’s World Heritage Sites.

The Cape is not only known for its beautiful sceneries but also a gateway to Africa for investors due to its economical focus and strategic location, The WorldFolio reported. It offers international investors an ideal opportunity to connect and invest with other African partner regions and states.

The province contributes almost 14 percent to South Africa’s economy, while its capital Cape Town is the second wealthiest city after Johannesburg.

The service industries remain the main drivers behind the Cape Town economy, and also constitute over 70 percent of regional GDP. The city is home to insurance services, investment groups and outsourcing companies.

The government of the Western Cape has moved a step further and is now encouraging private investors  by cutting all forms of bureaucracies and slow service delivery in setting up businesses in the province.

“We have cut a lot of red tape out of the system. I have repealed and updated over 200 laws, legislation and bylaws,” Cape Town Mayor’s Patricia de Lille said.

“The bottom line is that without foreign investment we are not going to experience the growth that we need,” she added.

It has allocated $535 million for infrastructure investment this year in Cape Town alone out of the $1.4 billion allocates to Western Cape.