Premier Chupu Mathabatha briefs media on Limpopo Provincial Mining, Energy & Industrialisation Investment Conference, 23 Sept

Premier Mathabatha to engage with the media ahead of the Limpopo Provincial Mining, Energy & Industrialisation Investment Conference

The Premier of Limpopo, Mr Stanley Chupu Mathabatha will, on Friday 23 September 2022, engage with members of the media ahead of the Limpopo Provincial Mining, Energy & Industrialisation Investment Conference scheduled to take place from 29 – 30 September 2022 in Polokwane.

The Limpopo Provincial Mining, Energy & Industrialisation Investment Conference is part of the government’s drive to attract foreign direct investment into the province, especially in the mining and energy sectors.

This conference is a culmination of the Limpopo Investment Conference and the Limpopo Mining Indaba that were hosted separately in September 2021, during which several investors from across the globe expressed interest in investing in the Limpopo Province, despite the global economic meltdown that is increasingly thinning economies around the world.

Of significance, this year’s conference is happening as the province and the country emerge from the Covid-19 pandemic – and on the basis that during the previous conference, investors pledged R209 billion worth of investments. This year, the province is looking at attracting R50 billion worth of investments.

Limpopo’s strategic position within the country adds immense value to investors who want to benefit from improved access to large markets and this investment conference aims to bring together the private sector and various industries to address critical success factors for nurturing and supporting industrialisation in Limpopo.

Among other objectives, the conference will profile the strength and comparative advantages that Limpopo offers to investors and trade partners.

Lastly, the province has a keen interest in further encouraging and optimising private sector investment through the Limpopo Development Plan and the Economic Recovery Plan which hinges on the SEZ program among other initiatives, with a promise of a long-term imagined inclusive growth.

Source: Government of South Africa