President Jacob Zuma will tomorrow, 17 August 2017, preside over the official launch of the African Regional Centre of the BRICS New Development Bank (NDB) in Sandton, Johannesburg.
The BRICS bloc of countries signed the Agreement establishing the New Development Bank at the Sixth BRICS Summit in July 2014 in Brazil, and the Seventh BRICS Summit marked the entry into force of the Agreement on the New Development Bank. The NDB headquarters were officially opened in Shanghai, China in February 2016.
Another key resolution taken at the Summit was to establish regional offices that would perform the important function of identifying and preparing proposals for viable projects that the New Development Bank could fund in the respective regions.
President Zuma will be joined at the launch by the President of the NDB, Mr Kundapur Vaman Kamath, Ministers and other dignitaries.
Members of the Media are invited to the launch as follows:
Date: Thursday, 17 August 2017
Venue: 135 Daisy Street, Sandton
Time: 08h30
Members of the Media must please send their details to Jabulani Mulambo at Jabulani.Mulambo@treasury.gov.za / Patience Mtshali at Mtshalip@dirco.gov.za / Vukile Mathabela at vukile@presidency.gov.za.
Enquiries:
Dr Bongani Ngqulunga
Cell: 082 308 9373
E-mail: bongani@presidency.gov.za
