Posted: June 23, 2022
The Deputy Minister of Trade, Industry and Competition, Mr Fikile Majola, and the MEC for Economic Development, Environment and Tourism in Limpopo, Mr Thabo Mokone, will join the Premier of Limpopo, Mr Stanley Mathabatha on an oversight visit to the North Site of the Musina-Makhado Special Economic Zone (MMSEZ) on Tuesday, 28 June 2022 from 10:00.
The purpose of the visit is to assess progress made on the development of the north site of the MMSEZ at Antonvilla in Musina. Premier Mathabatha, Deputy Minister Majola and MEC Mokone will also address about 500 people comprising key stakeholders and members of the Musina community in an event that will be marking the commencing of the development of bulk infrastructure in the north side.
According to Majola, the visit marks an important milestone in the roll-out of the Special Economic Zones Programme which is aimed at attracting foreign and domestic direct investment, promoting industrialisation and creating jobs in various key areas of South Africa to achieve the country’s sustainable economic growth.
“As government we are excited about the new developments in the Musina-Makhado SEZ, which will see the beginning of construction of the bulk infrastructure on the north site. This is a commendable step towards achieving the South African government’s industrial development agenda of transforming the country’s economy into a globally competitive industrial economy, built on the full potential of all citizens and regions, using the Special Economic Zones Programme as one of the critical tools,” says Majola.
He adds that the oversight visit and interaction with key holders, including members of the community of Musina, provides government leaders with a perfect platform to inform key stakeholders about the opportunities that the MMSEZ has to offer as it becomes ready to welcome investors and tenants in its north site. Among the targeted stakeholders are government officials across the three spheres of government, State-Owned Enterprises, development finance institutions, international development agencies, international partners, banks, domestic and international investors, and captains of the industry
“The SEZ Programme is at a full implementation phase as we continue with our endeavour to accelerate economic growth, promote regional development, create jobs, and fight poverty and underdevelopment. The designated SEZs are continuing to show a positive progress in terms of their contribution to the economy. Todate, South Africa has ten SEZs, which host approximately 169 operational investments with an estimated cumulative investment value of more than R22 billion as of the end of March 2022,” explains Majola.
Majola expresses his confidence that with its strategic location and its close proximity to the main route into Southern Development Community (SADC) and the African continent, together with supporting incentives and a good logistics backbone, the MMSEZ will be the location of choice for investment in the mineral beneficiation, agro-processing and petrochemical industries.
The MMSEZ is made up of two strategic sites, the northern site located at the Antonvilla Farm within the Musina Local Municipality. The Antonvilla site is designated for light to medium industrial activities focusing on manufacturing, agro-processing and logistics sectors. The second, site wich is located at the border between the Musina and Makhado local municipalities, is designated for a heavy industrial park focusing on renewable energy and metallurgy.
Bongani Lukhele – Director: Media Relations
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Issued by: The Department of Trade, Industry and Competition (the dtic)
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