At­tract­ing in­vestors to Gaut­eng

Pre­mier David Makhura lists his gov­ern­ment’s achieve­ments dur­ing his term of of­fice

The Star Late Edition - - METRO - BALD­WIN ND­ABA bald­win.nd­[email protected]

GAUT­ENG Pre­mier David Makhura has at­tracted in­ter­na­tional in­vestors to set up busi­ness and job op­por­tu­ni­ties in var­i­ous town­ships in the prov­ince, in­clud­ing a ve­hi­cle ser­vice plant in Kag­iso, out­side Krugers­dorp.

Makhura has out­lined his achieve­ments since he took of­fice in May, 2014, say­ing among his achieve­ments had been to in­crease for­eign di­rect in­vest­ment (FDI) in Gaut­eng to cre­ate job op­por­tu­ni­ties.

In an in­ter­view with The Star, Makhura said that since 2014 Gaut­eng had at­tracted R66­bil­lion in FDI, of which R10bn was fa­cil­i­tated by the Gaut­eng In­vest­ment Cen­tre in Sand­ton, now known as In­vestSA.

The in­vest­ment cen­tre had cre­ated 14000 jobs in the prov­ince, Makhura said.

He added that most of these in­vest­ment were made in the af­flu­ent parts of the prov­ince, but added that this did not de­ter him from en­cour­ag­ing in­vestors to chan­nel their re­sources into the town­ships.

Makhura said four com­pa­nies from the Reg­gio Emilia gov­ern­ment, one of the pro­vin­cial gov­ern­ments in Italy, had put in re­sources to es­tab­lish an Au­to­mo­tive Hub in Cham­dor, Kag­iso.

He said his gov­ern­ment has sourced equip­ment from the com­pa­nies, which would al­low the lo­cal com­mu­nity to fix ve­hi­cles in their area.

“The tech­ni­cal equip­ment is be­ing in­stalled and will be com­pleted by the end of Jan­uary,” he said.

“Ama­zon has also agreed to set up in­for­ma­tion and com­mu­ni­ca­tion tech­nol­ogy (ICT) cen­tres in places like Soweto, Mamelodi and Ross­lyn. We hope to es­tab­lish eKasi labs in most of the town­ships.”

Makhura said the Au­to­mo­tive In­dus­try De­vel­op­ment Cen­tre would be manag­ing the hub and en­sur­ing the train­ing of the com­mu­nity in Cham­dor, Kag­iso.

“Over the past four-and-a-half years, we have built a strate­gic part­ner­ship with the pri­vate sec­tor through in­dus­try ac­tion labs that fo­cused on the au­to­mo­tive in­dus­try; min­ing and min­eral ben­e­fi­ci­a­tion; aero­space; de­fence and avi­a­tion in­dus­try; cap­i­tal equip­ment and ma­chin­ery man­u­fac­tur­ers; food and bev­er­ages; ICT in­dus­try and the Busi­ness Process Out­sourc­ing sec­tor,” Makhura said.

He added that through their ini­tia­tive his gov­ern­ment man­aged to cre­ate 420000 new jobs in the prov­ince.

“We have also helped Gaut­eng-based com­pa­nies ac­cess ma­jor op­por­tu­ni­ties in the re­gional value chains and sup­ply chains within the SADC and the broader African con­ti­nent, as part of pro­mot­ing in­tra-Africa trade and in­dus­tri­al­i­sa­tion.

“Our work on sub-na­tional eco­nomic diplo­macy has been strength­ened in ma­jor re­gions in Africa, Europe, Asia and Amer­ica,” he said.

He added that last month, af­ter Gaut­eng co-hosted the In­au­gu­ral Africa In­vest­ment Fo­rum (AIF) with the African De­vel­op­ment Bank, they man­aged to se­cure $38 bil­lion (R525bn) for in­fra­struc­ture pro­jects in Africa alone.

“As Gaut­eng prov­ince, we are bring­ing our full weight in con­tribut­ing to Pres­i­dent Cyril Ramaphosa’s ef­fort to raise $100bn in in­vest­ment into the South African econ­omy over the next five years,” Makhura said.

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