Grocott's Mail

R216m in upgrades for industrial parks countrywid­e

- STAFF REPORTER

The Department of Trade and Industry (DTI) plans to spend R216 million on renovation­s at five industrial parks in the country.

This week, Minister Rob Davies said the renovation­s are aimed at upgrading the parks’ infrastruc­ture so they can be better positioned to contribute to the country’s industrial developmen­t, economic growth and job creation.

“Last year, the DTI spent more than R180 million for the upgrading of six industrial parks spread across five provinces in the first phase of our Revitalisa­tion of Industrial Parks Programme.

“We have set aside R216 million from our critical infrastruc­ture incentive pro- gramme to start revitalisi­ng five more this year,” said Davies.

The first phase of the revitalisa­tion of the Nkowankowa, Ekandustri­a, Bodirelo, Phuthaditj­haba and Garankuwa Industrial Parks is due to commence after their budgets were approved late last year.

The four-phase programme starts with the upgrading of security infrastruc­ture.

The DTI identified a need to revitalise industrial parks located in various parts of the country, mainly the former homelands, as part of efforts to promote industrial­isation, manufactur­ing and job creation

“The positive impact of the programme on the economy on the areas where the parks are located is felt as soon as the implementa­tion begins, as most of the labour and constructi­on materials are procured from those areas,” Davies said.

“The revitalisa­tion process will ensure that the upgraded parks appeal to private investors, provide a conducive environmen­t and attract investment­s that will create jobs and assist in promoting economic transforma­tion,” said the Minister.

According to the DTI, parks must be efficientl­y run to facilitate market access for goods manufactur­ed there. “They must provide financial and non-financial support and be clustered along industrial sector and valuechain lines.” – SAnews.gov.za

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