Limpopo mission to China produces positive results
The Provincial Government delegation led by Premier Chupu Stanley Mathabatha, to China has managed to build and establish healthy relations with both the private and the public sector.
Amongst others the Province has build and cemented relations with Jidong Development Group which is in a partnership with Wiphold, China Africa Development and Conticem for a R2 billion Cement manufacturing plant establishment in Thabazimbi. The project is expected to be completed by December 2015.
The Consortium also has plans to send 100 South Africans to China for onsite training during the construction of the Manufacturing Plant. They will also under study the Chinese Systems of the industry within the many Cement Plants existing in China and benchmark on the best practices.
The Province also signed with Hoimor and Chec CADF for the R458 billion metallurgical base projects, which is earmarked for the Musina Special Economic Zones in Limpopo. The project is estimated at a capacity to employ not less than 17 000 people in permanent jobs.
The signing was done on Monday, 20 October 2014 at Beijing China and MEC for Limpopo Economic Development, Environment and Tourism (LEDET) Seaparo Sekoati officiated on behalf of the Premier who was still enroute to China.
These projects will go a long way in enhancing the economic situation of Limpopo by creating more sustainable jobs for the people of the Province and also ensure that the Province benefit through the advanced technological expertise that the People’s Republic of China is known for.
The province through LEDET has also signed cooperation agreement with the business community in Nantong. Today the delegation has also witnessed the signing of a cooperation agreement between Limpopo Province and the People’s Province of Henan in China.
The delegation is expected home on Friday 31 October 2014. The Mission has thus far proven to be a huge success and most of the potential investors will be expected in Limpopo by December 2014.
The Premier believes that this is a move in the right direction to ensure that indeed today is better than yesterday and that tomorrow looks more brighter than today.