KwaZulu-Natal is currently hosting the 2 day Special Economic Zone ( SEZ) conference in Durban, the aim of this Conference is to discuss the opportunities that the Government of the Republic Of South Africa is opening for investments and creation of jobs , KZN MEC for Economic Development, Tourism and Environmental Affairs, Sihle Zikalala and Minister of Trade and Industry Rob Davies took some time this morning to inspect the exhibition of businesses housed in various SEZs around the country.
Foreign investors are keen to invest in this province due to a conducive economic environment. We are saying this because KZN is an important hub of industrial development in sub-Saharan Africa, thanks to our rich natural resources and well-developed infrastructure. Economic activities in the province are mainly concentrated in Durban and Pietermaritzburg, with significant contributions in the Richards Bay, the Ladysmith, Newcastle and Port Shepstone.
As the province, we have identified nine prime targets for inward investment. These are textiles, clothing, plastic products, chemicals (oil and gas), fabricated metal products, automotive components, wood and wood products, footwear, machinery and appliances.
In this province we have primary and processed aluminium at world competitive prices from local suppliers. This is something that provide a real opportunity for investors in these sectors.
Our special economic zones - the Dube Trade Port and Richards Bay Industrial Development Zones - have also generated an interest that is beyond our imagination said the MEC for the Economic Development , Tourism and Environmental affairs Mr Sihle Zikalala while addressing the SEZ Conference
The Minister Rob Davies and MEC Sihle Zikalala with one of the exhibitors during the exhibition walk the delegation took during the Conference .
sharing a joke and experiences Eastern Cape EDTEA MEC Mr Oscar Mabuyane with The Minister Rob Davies and MEC Sihle Zikalala during the walk.
some of the delegates attended the SEZ conference held in Durban
Proud host the MEC for the Economic Development , Tourism and Environmental affairs Mr Sihle Zikalala showing off the KZN’s first manufactured Samsung TV that will be launched soon.
one of KZN’s Product, this Mahindra van assembled and finished here in KZN