Cape Town – Two strategic objectives as encapsulated in the North West Province Growth
and Development Strategy are gaining traction as the province targeted Investing in African
Mining Indaba recently held in Cape Town. High on agenda is the Provincial Development
Fund which the province seeks to use as a vehicle to drive infrastructure development, grow
the economy and create jobs.
Set at a budget of one-hundred-million-rand, Premier Lazarus Kagiso Mokgosi believes a
collaborative effort between government and the private sector can help the province unlock
various economic opportunities for residents.
“We managed to speak to various industry leaders on the sidelines of the mining indaba. We
believe that we have presented a solid case in our continued endeavours to turn the tide
against low investment patterns afflicting our developmental trajectory” Premier Mokgosi
maintained.
Critically the province is making headway in the full implementation of the Bojanala Special
Economic Zone. Once fully operational the SEZ will create close to twenty thousand jobs with
investment commitments amounting to fifteen billion rands.
“I met with the Chairperson of the Development Bank of Southern Africa, Mr David Makhura
and we agreed that my office will be interacting with the DBSA at a strategic level to explore
funding avenues for bulk infrastructure projects. This will assist with the commencement of the
project”, Premier Mokgosi said.
Premier Mokgosi asserts the province has been thoroughly positioned as a viable and
preferred destination for investments in mining during the Investment Indaba. He further
maintains the province will be looking at hosting the provincial leg of the Investment Indiba as
part of the province’s ongoing efforts to strengthen the provincial economy and create jobs.
ENDS
Issued by the North West Office of the Premier.
For enquiries, contact
Sello Tatai
Spokesperson to the Premier
North West Provincial Government
Cell: 064 756 2510 / 082 450 7842
E-mail: SITatai@nwpg.gov.za
Or
Brian Setswambung
Provincial Head of Communication
Office of the Premier
North West Provincial Government
Cell: 076 012 4501
E-mail: BSetswambung@nwpg.gov.za
