DTI to lead SEZ investment roadshow to China
The Department of Trade and Industry (DTI) will lead a 25-member delegation drawn from all special economic zones (SEZs) in South Africa on an investment roadshow to the Chinese cities of Guangzhou and Shenzhen from May 6 to 11.
The objective of the roadshow is to attract investors to the country’s SEZs.
“As our focus regarding the SEZ implementation programme is on attracting investments into the SEZs, the ultimate objective of roadshows of this nature is to bring high-level local and international investors together with a view to entice them to invest in South Africa,” Trade and Industry Minister Dr Rob Davies said in a statement.
The roadshow is part of the implementation of the undertakings agreed to in the Comprehensive Strategic Partnership Agreement (CSPA) signed between South Africa and China at the Forum on China-Africa Cooperation Summit, in Johannesburg, in 2015.
China agreed to support South Africa and Africa’s industrialisation and beneficiation initiatives.
“China is the second-biggest economy in the world and South Africa’s biggest trading partner. China’s market remains a key strategic priority for South Africa’s raw material and value-added products,” Davies said.
He added that the DTI has entered into many strategic partnerships with the Chinese government.
“The main purpose of these strategic partnerships is to foster cooperation on investment promotion and facilitation, infrastructure development, the exchange of information and human resource development,” Davies noted.
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