The Ekurhuleni Metropolitan Municipality in South Africa’s Gauteng province is inviting local and foreign investors to invest in the city’s energy infrastructure development, Executive Mayor Mzwandile Masina said Wednesday.

Speaking at the Manufacturing Indaba 2017 held at Emperors Palace in Ekurhuleni, Masina said investing in the energy infrastructure is key to achieving robust manufacturing sector.

The executive Mayor said Ekurhuleni as South Africa’s manufacturing hub plays a key role in driving National Government’s industrial development strategy.

“We are pursuing a renewable energy strategy that will generate 10 Megawatts of energy by 2021. This is part of our local strategy to ensure energy stability in our region without completely relying on the national grid. In this regard as Ekurhuleni have committed R2.2 billion for investment in energy infrastructure over the next 3 years,” Masina said.

Masina also called upon government and business to “work and think together” to achieve the Continental Infrastructure Development Plan spearheaded by the Africa Union to enable regional integration and African Free Trade Agreement.

Infrastructure projects in the continent provide opportunities for the manufacturing of commodities such as rail parts, locomotives, construction goods, machinery among other, he said.

“As government and business, we must work and think together about how to better respond to our country’s opportunities for growth and use those opportunities to achieve our national objectives of ending poverty and reducing inequality,” he added.

Masina also the growing sense of regional integration and economic partnerships amongst African states require a “reorientation” of the attitude of investors towards the continent.

“The growth of the African market provides manufacturing sector with an opportunity to serve as the leading force of the Africa automotive industry for market consolidation,” he said.

The conference is hosted in partnership with the national Department of Trade and Industry, the Department of Science & Technology, the Department of Public Enterprises, the Manufacturing Circle and the City of Ekurhuleni as the host city.

The aim of the Indaba is to focus on and boost the growth potential of key industry sectors within manufacturing, including automotive, construction, metals, forestry, paper, chemicals, aerospace, industry products and services, and to provide a platform for informative and interactive sessions with the prime movers of the nation’s manufacturing sectors. Enditem

Source: Xinhua/NewsGhana.com.gh