President to lead Second South Africa Investment Conference

Media Statements

Media Statement

 

04 November 2019

 

President to lead Second South Africa Investment Conference

 

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 R1.2 trillion 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 R300 billion’s 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 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.

 

For more information on the conference and the programme, please visit ‪www.sainvestmentconference.co.za

 

NB: Only accredited media are allowed to cover the Summit.

 

Enquiries: Khusela Diko: Spokesperson to the President on 072 854 5707

 

ISSUED BY THE DEPARTMENT OF INTERNATIONAL RELATIONS AND COOPERATION

 

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