The Department of Trade and Industry is set to embark on investment roadshows in Shanghai, China, as it ups efforts tap on the Chinese investment.
According to Deputy Minister Bulelani Magwanishe, the investment roadshow Scheduled for 26 – 31 May, will take place in the form of workshops and South African delegation will make a presentation on opportunities and incentives offered.
“The roadshow seeks to attract potential investors in different sectors to invest in our Special Economic Zones. The targeted audience will include investors, Chinese financial institutions and government representatives.
“In order to have vibrant SEZs and competitive regional economies, it is necessary to continuously implement a systematic marketing and investment approach for various SEZs in South Africa and to also state their value-proposition to potential investors,” said Magwanishe.
The ultimate objective of the roadshow is to bring together high-level local and international investors together, with a view to entice their appetite to invest in South Africa.
South Africa has eight designated SEZs located in six of the country’s provinces. The SEZs are supported by state-of-the-art infrastructure and competitive tax incentive package. The SEZs are Coega, Richards Bay, East London, Saldanha Bay, Dube TradePort, Maliti-A-Phofung, OR Tambo and Musina/Makhado.
