President Ramaphosa to lead investment conference in R1.2trn drive

Presidency media statement

President Cyril Ramaphosa will lead government’s hosting of the second South Africa Investment Conference to be held at the Sandton Convention Centre, Johannesburg, from 5 to 7 November 2019.

The conference will be held under the theme “Accelerating Growth by Building Partnerships”.

The annual conference is a key milestone in the country’s bold ambition to raise R1.2trn in new domestic and intentional investment over the next five years.

It is also a partner initiative to the economic stimulus package and recovery plan unveiled by President Ramaphosa in 2018 to ignite economic activity, restore investor confidence, prevent further job losses and create jobs.

The inaugural conference, which was held in October 2018, resulted in international and local investors pledging R300bn worth of investment commitments in various sectors in mining, forestry, manufacturing, telecommunications, transport, energy, agro-processing, consumer goods, pharmaceuticals, infrastructure, financial services, energy and ICT.

“This year’s conference will highlight the positive steps government is making to improve the investment environment and the progress made on last year’s investment commitments.  It will also serve as a platform for government to engage with the local and international investment community in order to promote the investment opportunities in the country and explore new markets,” said President Ramaphosa.

The conference will be preceded by a series of networking events tomorrow, Tuesday, 05 November 2019.

‪On Wednesday, 06 November 2019, President Ramaphosa will officially open and lead the conference which will feature, among others, focused sector specific discussions around the Fourth Industrial Revolution, Mining, Start-ups and SMEs, Manufacturing, Tourism, film, arts, sports and agro processing.

On Thursday, 07 November 2019, the President will also attend the Business Showcase, an entrepreneurship, small business growth and innovation showcase to be held at the University of Johannesburg’s Soweto Campus.

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