{"id":200404,"date":"2021-09-01T12:53:21","date_gmt":"2021-09-01T10:53:21","guid":{"rendered":"https:\/\/www.myza.co.za\/limpopo-investment-key-to-regional-integration-president-ramaphosa\/"},"modified":"2021-09-01T12:53:21","modified_gmt":"2021-09-01T10:53:21","slug":"limpopo-investment-key-to-regional-integration-president-ramaphosa","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/limpopo-investment-key-to-regional-integration-president-ramaphosa\/","title":{"rendered":"Limpopo investment key to regional integration: President Ramaphosa"},"content":{"rendered":"
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President Ramaphosa says investing in Limpopo is a strategic move that is crucial to the integration of the SADC region.<\/p>\n

\u201cOur National Infrastructure Plan aims to support the integration of African economies and the development of intra-Africa regional value chains.<\/p>\n

\u201cInvesting in Limpopo is therefore very strategic because the province shares borders with three of our neighbouring countries – Botswana, Zimbabwe and Mozambique. This means that the province is positioned as a gateway to a potential market of 300 million people just in the Southern African Development Community region,\u201d the President said.<\/p>\n

He was on Wednesday addressing the annual Limpopo Investment Conference, which brings together the private sector, government and industry to attract investments.<\/p>\n

The conference is part of the province\u2019s effort to grow domestic and international investment, and will showcase new investment opportunities for the province. It also precedes and bolsters the national South Africa Investment Conference hosted annually by President Ramaphosa.<\/p>\n

To create an environment conducive to investment, President Ramaphosa said government has taken several steps to achieve security of electricity supply for the whole country.<\/p>\n

\u201cWe are undertaking far-reaching structural reforms in the energy, transport and water sectors, all of which are important for the industries with the highest potential for growth in Limpopo,\u201d President Ramaphosa said.<\/p>\n

In a pre-recorded speech for the conference, the President said government has also created conditions for a rapid increase in generating capacity through opening further bid windows for the renewable energy programme and increasing the licensing threshold for embedded generation projects to 100 MW.<\/p>\n

\u201cThis includes the restructuring of Eskom into separate entities for generation, transmission and distribution. This will stabilise the company\u2019s financial position and improve the performance of Eskom\u2019s power plants.\u201d<\/p>\n

President Ramaphosa said government is working to improve the investment climate and reduce the cost of doing business.<\/p>\n

\u201cWe are undertaking far-reaching structural reforms in the energy, transport and water sectors, all of which are important for the industries with the highest potential for growth in Limpopo,\u201d President Ramaphosa said.<\/p>\n

With regards to water resources, President Ramaphosa said government continues to make improvements in the turnaround time for the issuing of water licences.<\/p>\n

\u201cOne used to wait for up to three years to get a water licence, and we are now reducing that quite substantially. We are in the process of establishing a National Water Resource Infrastructure Agency.\u201d<\/p>\n

With regard to ports and freight rail infrastructure, President Ramaphosa said government is making progress in increasing the efficiency and competitiveness of ports.<\/p>\n

\u201cWork is underway to enable greater private sector participation in the country\u2019s rail and port infrastructure while maintaining public ownership of these valuable national assets.\u201d \u2013 SAnews.gov.za<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

President Ramaphosa says investing in Limpopo is a strategic move that is crucial to the integration of the SADC region. \u201cOur National Infrastructure Plan aims to support the integration of African economies and the development of intra-Africa regional value chains. \u201cInvesting in Limpopo is therefore very strategic because the province shares borders with three of […]<\/p>\n","protected":false},"author":1,"featured_media":200405,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[38678],"class_list":{"0":"post-200404","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-south-africa","8":"tag-sanews","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2021\/09\/limpopo-investment-key-to-regional-integration-president-ramaphosa.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/200404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=200404"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/200404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/200405"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=200404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=200404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=200404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}