South African economy benefits from navy newbuild project
On Saturday, 23rd of February 2019, Damen Shipyards Cape Town (DSCT) hosted a keel laying ceremony, marking the start of construction on the first of three Multi-mission Inshore Patrol Vessels (MMIPVs) for the South African Navy. These vessels will aid in protecting the country from threats such as trafficking, illegal fishing and piracy, as well as support job creation and enterprise development.
The coin laid at the DSCT event was a commemorative medal made in honour of the late President Nelson Mandela’s 1993 Nobel Peace Prize win.
The coin was placed under the keel by the Minister of Defence and Military Veterans, Nosiviwe Mapisa- Nqakula.