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Durban – KwaZulu-Natal is open to business and is eager to play its role in the BRICS community (Brazil, Russia, India, China and South Africa), KZN's acting prime minister, said Sihle Zikalala. During a session on investment opportunities, Zikalala said the KZN has developed a one-stop shop, conveniently located in Durban, as an easy entry point for potential investors, when from a meeting of the BRICS Business Council at the Inkosi Albert Luthuli International Convention Center in Durban. "The one-stop shop is designed to help business people with all the support needed to start a business in our province and to eliminate red tape in starting their business," said Zikalala
. Africa's Special Economic Zones at Dube Trade Port and Richards Bay Industrial Development Zone, Zikalala said the province offers an attractive corporate tax regime that ensures greater value to investors .
"We are creating a core of an airport city that operates integrated air services, cargo handling and logistics together," he added. with a manufacturing footprint to ensure quick and easy access for goods in the rest of South Africa, Africa and the world. The province's air route development plan ensured direct connections to Africa and the world, including Turkey, the United Arab Emirates, Qatar and, in October 2018, direct links to London. met the 25 members of the BRICS Council as well as the heads of the five BRICS countries at an in camera meeting.
Hundreds of delegates gathered in Durban this weekend for the BRICS Business Summit, chaired by Dr. Iqbal Survé, Executive Chairman of the Sekunjalo Group and Independent Media.
South Africa is the official host of the 10th annual BRICS Summit and the official summit will be held in Johannesburg.
The theme of the summit is "The BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th
Zikalala said that the annual meeting has sparked optimism and brought hope to millions of people.
He said that a few years ago KZN began an "infrastructure revolution" with seven-year infrastructure expenditures.
"The program Infrastructure development includes road construction, air cargo, rail transport, water supply and sanitation, services, electrification and special attention to industry maritime. We encourage partnerships between the public and private sectors to maximize investment and grow the economy together by using infrastructure as a catalyst, "he said.
In addition, Zikalala has stated that KZN was strategically located along the ocean, the government was focusing on the ocean economy for increased growth.
"We wish to indicate that the Oil and gas industry has many partnership opportunities in this province The Richards Bay Industrial Development Zones, located in Richards Bay Harbor, are a site and anchor for energy infrastructure – especially gas, "said Zikalala in the context of growth opportunities, not to ignore the hoped-for local municipalities" will become dynamic drivers of economic development. "[19659002] "We are looking at a new South Africa where there is an equal chance of success.
We are a government focused on eliminating all the root causes of poverty and underdevelopment. We invite you to join us in creating a fair and prosperous country, "he told delegates.
Mr. Surve stated that the BRICS Business Council meeting in Durban was the largest BRICS history meeting a testimony of the success of the BRICS.He said that there was a great partnership between the BRICS Business Council and the KwaZulu-Natal government.
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