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MEC for EDTEA, Mr Sihle Zikalala, calls upon the US investors to explore the province for investments

03 JULY 2018

The RBIDZ was recently privileged to be invited by the US Consulate General, Her Excellency, Ms. Sherry Sykes in the 242nd US Independence Day celebration in Durban.

 

The invite comes as a result of the harnessed relationship that has been built by the RBIDZ with the US representatives in Durban. It has to be noted that the RBIDZ is working tirelessly to activate and ensure strategic engagements with various stakeholders that are strategically positioned to significantly assist in stirring the RBIDZ’s mandate of promoting and attracting investments into the Zone.

 

The RBIDZ will not cease to partake and influence its presence in various activities that have a potential of yielding impactful engagements in the future. These engagements are intentionally activated to create a playground for the core business to identify potential interests for the RBIDZ in line with the focus sectors.

 

The recent US Independence Day  celebration attended amongst others by the representatives of the US, US Consulate General, Her Excellency Ms Sykes herself -, Deputy Mayor of EThekwini –Ms. Fawzia Peer, captains of the industry, Mama Albertina Sisulu, Prince Mangosuthu Buthelezi and MEC for Economic Development, Tourism and Environmental Affairs, Mr Sihle Zikalala was worth attending for the RBIDZ as the MEC addressed the audience profoundly calling for the US representatives to market the KZN province as the ideal destination for investments. Zikalala significantly singled out RBIDZ as the destination that is ready to host a variety of investors, and mainly looking into the space of technology since the RBIDZ has completed the Techo - Park Administration building.

MEC, Zikalala clearly sighted that the RBIDZ is geared towards establishing itself as a technology hub. He made reference to a couple of visits that the US Consulate General and her representatives have made to the RBIDZ’s Techno-Hub, one of which was the EDTEA’s post budget breakfast session, and highlighted that such visits have demonstrated the Consulate General’s interest towards accelerating the inward investments.

 

He said, ‘over the past three years we have been aggressively marketing the RBIDZ in national and international platforms through conferences, seminars and exhibitions; with your visit to the Zone, we are hopeful that you will extend an invitation to the US based companies to consider visiting the area to explore investment opportunities’.

 

“We are keen to see investments in sectors such as manufacturing, energy, ICT and the oceans economy”.  ‘The oceans economy is critical considering the fact that the RBIDZ is strategically located in the busiest industrial port on the Northern – Eastern South African coast’. ‘With regards to ICT, as government we have invested more than R35 million to establish a Techno Hub in the IDZ. We want our Techno Hub to be the catalyst for the 4th Industrial Revolution in KZN’.

 

‘Over the past decade the world has undergone a process of by rapid innovation that has irrevocably altered the face of business. Our social behaviour and even the way the entire industrial sectors are organised have been altered by the digital communication’.

 

‘The knowledge economy is rapidly becoming the economy of the future and ignoring this will leave KZN behind. It is for these reasons that we want our Techno Park to be at the forefront of the introduction of latest technology’.

 

‘We want to work with US based tertiary institutions and research organisation in order to understand the fourth industrial revolution better with all that it brings, emphasized Zikalala’.

 

‘We understand that the revolution is likely to bring new opportunities for new skills and technology. In this regard, we want to ensure that our infrastructure development and our support structures are geared for this future, he concluded’.