Posted: June 22, 2019
Bojanala SEZ Will Create Jobs, Grow Economy – MEC Mosenogi
|The MEC for Economic Development, Environment and Tourism in the North West, Ms Keneitswe Mosenogi says the proposed Bojanala Special Economic Zone will contribute greatly in creating jobs and growing the economy of the region in particularly, and the province in general. Mosenogi was speaking at a public consultation session that was hosted by the Department of Trade and Industry (the dti) in partnership with the North West Development Corporation in Mogwase outside Rustenburg.
The session followed the publication of the notice of intention to designate the Bojanala Special Economic Zone (SEZ) in the Government Gazette last month. Members of the public and interested parties were provided with a 30-day period to support or object to the designation of the SEZ.
“It is important for the residents of Bojanala to embrace this initiative to establish the special economic zone in their area because it will be a massive investment that will bring lots of opportunities that they will benefit from. Once the SEZ is operational, many people will get jobs. There will be development of residential areas. Many other associated economic activities will start developing and various other sectors of the region’s economy such as health, recreation, transport and tourism will develop as a result of the SEZ. The lives of the people of this area will be changed for the better and our economy will benefit from the foreign and domestic investments that will be attracted by the SEZ,” said Mosenogi.
She urged residents of the area and small and medium enterprises to proactively identify opportunities that they can take advantage of in the SEZ
“The SEZ will unlock the economic potential and value of your area. Government is fully supportive of this project. Bojanala will be the first SEZ in the province and government is fully behind the SEZ, whose major focus will be on the beneficiation of Platinum Group Metals (PGMs), mining capital equipment, renewable energy component manufacturing, and agro-processing industries,” added Mosenogi.
Mr Maoto Molefane, Chief Director for Special Economic Zone thanked the community of Bojanala district for participating in the public participating session. The session included the participation of the communities from Moses Kotane, Madibeng, Rustenburg and Moreleta local municipalities.
“The report emanating from this session will be developed, taking into consideration all inputs provided by members of the community. The report will be submitted to the minister of Trade and Industry and cabinet for final determination on the designation of the proposed Bojanala SEZ” said Mr Molefane.
Mr Molefane added that “the Special Economic Zones Programme is one of the critical tools that the South African government is utilising to accelerate the country’s industrial development agenda and expansion of cities. Ten (10) SEZs have already been designated throughout the country”.
Members of the public who attended the session expressed their overwhelming support for the designation of the Bojanala Special Economic Zone.