President Zuma to launch the MAP-SEZ in Tshiame, Harrismith

President Zuma to launch the MAP-SEZ in Tshiame, Harrismith

Apr 17, 2017: On April 25, 2017, The President of Republic of South Africa, Jacob Zuma will launch the Maluti-A-Phofung Special Economic Zone (MAP-SEZ) in Tshiame, Harrismith, in the Eastern Free State.

According to Dr Rob Davies, Minister of Trade and Industry, "The launch of the 1038-hectare MAP-SEZ is another significant milestone in the implementation of the department's Special Economic Zone Programme, which is aimed at accelerating economic growth and development in designated regions of the country."

"The Industrial Policy Action Plan identifies SEZ's as key contributors to economic development. They are growth engines towards government's strategic objectives of industrialisation, regional development and employment creation. The SEZ programme has entered a full implementation phase. This is one of the critical instruments that the dti is using to accelerate industrialisation in the country," Davies added.

The SEZ programme is a critical tool for the attraction of the foreign direct investments, creation of decent jobs, an establishment of new industrial centres, as well as development and improvement of the existing infrastructure.

E. S. Magashule, Premier of the Free State, said, "The MAP-SEZ will create opportunities for manufacturing as well as a regional and international trade environment with added value chain within the Maluti-A-Phofung Municipality. The social and economic benefits, as well as regional development, will be key and will be enhanced by creating a prosperous trade city and functional trade ecosystem (SIP2), which will enable the beneficiation of mineral and natural resources and attract foreign direct investment."

Related Posts

Brussels Airlines completes 15 years of operations to Africa

Brussels Airlines completes 15 ...

August 17, 2017: Brussels Airlines is celebrating its 15th anniversary on the African continent. During the said period more than ...

Emirates SkyCargo collaborates with DuPont for temperature protection solution

Emirates SkyCargo collaborates ...

August 17, 2017: One of the leading cargo airlines, Emirates SkyCargo, is rolling out a new white cover solution developed in coll ...

AP Moller – Maersk sees double digit increase in Q2 Transport and Logistics revenue

AP Moller – Maersk sees doub ...

August 17, 2017: Recovering from the June cyber attack, AP Moller – Maersk has reported strong numbers in Q2, 2017. In Q2, ...

Chapman Freeborn lifts 60 tonnes of project cargo from Sharjah to Houston

Chapman Freeborn lifts 60 tonn ...

August 17, 2017: Global air cargo charter specialist Chapman Freeborn facilitated the movement of 60 tonnes of time-critical deliv ...