DECEMBER 2020/JANUARY 2021

Page 42

PROVINCIAL FOCUS

Writer: Dale Hes

Gauteng

backs economic recovery plan

A

s the eco-

and young people into

nomic hub of

high growth priority sec-

South Africa,

tors of the post-COVID-19 new Gauteng economy.

Gauteng will play a

“These sectors dI-

major role in helping the country recover

rectly echo the national

from the impact of the

strategy, with a focus on

Coronavirus Disease

green energy, advanced

(COVID-19).

manufacturing, the digital economy, business ser-

The province is

vices, infrastructure and

already taking action to kickstart economic recovery. In his address at Parliament during the

Gauteng Premier David Makhura says the province is throwing its weight behind the Economic Reconstruction and Recover y Plan.

nomic Reconstruction

Infrastructure investment

and Recovery Plan,

construction, and agroprocessing,” he said. Premier Makhura highlighted the R3.4 billion

growth sectors to drive

Tshwane Automotive SEZ,

special economic zones

which is already under

Infrastructure investment

(SEZs) and new industrial

construction, as the start-

Premier David Makhura

is a crucial pillar of the

clusters.

ing point for expanding

outlined how the pro-

national recovery plan,

vincial government will

and Gauteng has also

ing special purpose

eventually extend across

support the plan.

placed this as a top prior-

vehicles to finance bulk

all priority sectors. The SEZ

ity, working with a number

infrastructure to unlock

will centre on the produc-

ised province, and

of partners to drive invest-

private sector develop-

tion of Ford vehicles, with

driver of over one-

ment.

ment in strategic new

a capacity to produce

nodes, new cities and

200 000 vehicles per year by 2022.

debate on the Eco-

“As the most urban-

third of the Republic’s

Gauteng is focused

The second is by creat-

economy, we take

on using infrastructure

SEZs in each metro and

seriously our respon-

investment to reignite the

district.

sibility as one of the

economy in two critical

main engines of the

ways.

national recovery,” said the Premier.

42

The first is by co-investing with investors in high

economic growth that will

revitalised township

Township economy

industrial parks, we are

Special attention is also

bringing Blacks, women

being paid to developing

“Through the SEZ and

Public Sector Manager • December 2020/January 2021


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.