President Cyril Ramaphosa says rapid industrialisation is critical for South Africa’s economy to grow at a fast pace.
The President officially opened the country’s second investment conference in Sandton, north of Johannesburg this morning.
Government is looking to secure R1.2 trillion in new investments over a five year period.
Potential investors are engaging with government and business representatives on new investment opportunities.
Last year the conference attracted R300 billion in local and international investment commitments.
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