KZN MEC Ravi Pillay vows clamp down on construction mafia at launch of R4.5bn investment site

  • 📰 IOL
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Business News News

Vows that provincial government would not tolerate the acts of “economic sabotage”

Durban – KwaZulu-Natal MEC for Economic Development, Tourism and Environmental Affairs, Ravi Pillay has slammed the criminality of business forums who have stopped the construction of millions of rands worth of projects in the province, promising that provincial government would not tolerate the acts of “economic sabotage”.

Described as one of the province’s catalytic economic projects, the investment by Nyanza Light Metals – a chemical manufacturing company – to construct a chemical complex will see the building of a Technical Services Centre that is currently underway and two other phase over 36 months. According to the KZN Department of Economic Development, the project is in line with the RBIDZ’s mandate of being a purpose-built and secure industrial estate tailored for the manufacturing of goods and production of services to boost beneficiation, investments, economic growth, job creation and the development of skills.

The MEC was referring to the emergence of “business forums” that have used intimidation tactics at construction sites to demand a piece of the contracts. Pillay said the current administration has put renewed energy into the fight against corruption both in the public and private sectors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Thank God for bringing bitcoin to man,it has being a great source of blessing to all of man kind who have passion for bitcoin trading. Now the poor are getting rich over night and the rich getting richer. William_CLAW_2 thank you for your proper management .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in BUSİNESS

Business Business Latest News, Business Business Headlines