Posted: May 24, 2022
The Department of Trade, Industry and Competition (the dtic) will conduct an oversight visit to the Saldanha Bay Industrial Development Zone (SBIDZ) on Thursday, 26 May 2022 in Saldanha, Western Cape. The visit will be led by the Deputy Minister of Trade, Industry and Competition, Mr Fikile Majola.
The visit is aimed at assessing the progress made to-date by the Industrial Development Zone and also to find a coherent approach in addressing the challenges the zone might be faced with.
According to Majola, the department will be in discussion with the district, local municipality, key stakeholders and the business community on the district development approach. He says this will assist all parties in having a coherent approach in unlocking key policy and development intrustruments that can unlock the economic potential of the West Coast District.
“SBIDZ is one of government’s planned strategic projects which are modelled around the participation of the three spheres of government and will further fulfil the implementation of the adopted development approach of the District Development Model anchored around manufacturing, job creation, skills and enterprise development. SBIDZ reported 16 operational investors at a value of R296 million with 190 jobs created since its launch,” says Majola.
He adds that discussions will among others include the Spatial Industrial Development Framework that will enhance the industrialisation and attraction of investors in Saldanha and broader West Coast region.
The visit will be preceded on the evening of 25 May 2022, by an engagement with business representatives of the Wild Coast District, investors and stakeholders. The evening session will look at the district economic, industrialisation potential and strategic ways of unlocking these potentials. This will be followed by a closed session with board representatives and management of the SEZ on the 26 May 2022.
Bongani Lukhele – Director: Media Relations
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Issued by: The Department of Trade, Industry and Competition (the dtic)
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