National Public Works Minister, Hon Thulas Nxesi, has set a target of attracting R12-billion in investment

National Public Works Minister, Hon Thulas Nxesi, has set a target of attracting R12-billion in investment

National Public Works, Hon. Minister Thulas Nxesi, has set a target of attracting R12-billion in investment by next year to develop the state’s harbours and coastal properties. An additional R8-billion in investment would be attracted between 2019 and 2020.

The department’s Customer Care Unit together with other coastal region Local Municipalities and State Entities were part of the two-day exhibition session where they exhibited in Small Harbours and State Coastal Property Development Property Summit marketing the department at the Investor Conference at Hemingways in East London.

 During this session Hon.Minister Thulas W Nxesi, responded to the questions and answers on the floor and further emphasised that this project will lead to more than 1000 stable jobs directly linked to approved projects in the same timeframe and a job creation of more than 2000 work opportunities through secondary activities. Later in the evening a Gala Dinner was held for networking purposes amongst the delegates and investors.

“It is through engagements like these that we will jointly improve the economic condition of small rural coastal towns, upgrade our metropolitan coastal cities and ultimately create viable economic zones along the country’s coastline” said Thulas Nxesi