Posted: October 15, 2019
Tshwane Auto SEZ Designed to Play Crucial Role in Facilitating Inclusive and Economic Sustainable Development – MEC Mosupyoe
|The Gauteng MEC for Economic Development, Environment, Agriculture and Rural Development, Ms Morakane Mosupyoe says the Tshwane Auto Special Economic Zone (SEZ) is designed to play a crucial role in facilitating inclusive and sustainable economic development for all in the Gauteng City Region, and possibly beyond its borders. Mosupyoe was addressing the community of Nellmapius at the SEZ public hearings held in Pretoria.
“The plan to expand and establish the Tshwane Auto SEZ forms an integral part of our unwavering commitment to the people of Tshwane, and Gauteng as a whole, to further improve their lives by creating real, sustainable decent jobs and economic opportunities for small businesses, particularly women and youth,” said Mosupyoe.
According to Mosupyoe this will, without any doubt, go a long way in lowering the rampant joblessness, stimulate demand and ultimately contribute to economic growth.
“The automotive sector has particularly been one of the most visible sectors receiving foreign investments, and this SEZ provides the necessary impetus for attracting both foreign and domestic direct investments into the economy. These investments could also potentially trigger other sectors of the economy in the manner that expands and diversifies other primary and secondary economic activities and promote innovation for a better, inclusive tomorrow,” she said.
The Chief Director of Special Economic Zones at the Department of Trade and Industry (the dti), Mr Maoto Molefane said the SEZ programme is one of the prioritised tools that government is using to attract investments in to the country. He said the proposed Tshwane Automotive SEZ would help the country in attracting the automotive component manufactures and also strengthening the City of Tshwane’s position as an Automotive City.
“The proposed zone will contribute significantly towards Gauteng’s reindustrialisation agenda and building of Gauteng as a city region. The automotive hub will be developed through a joint partnership between the City of Tshwane, Gauteng Provincial Government and the dti. This initiative will also bring a lot of opportunities such as jobs, small business support and skills development for the surrounding community and the people of Gauteng,” said Molefane.
Upon conclusion of the Public Consolations process, a report will be packaged and submitted to the Minister of Trade and Industry: Mr Ebrahim Patel for final consideration. Members of the public have an opportunity to comment on the application until the 1 November 2019.