Limpopo’s investment drive continues with 2023 Economic Conference

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Monama said the conference will discuss ways to accelerate industrialisation and stimulate economic activities.

“It will support the Limpopo Development Plan targets 2020-2025 by encouraging and facilitating the formation of new enterprises in mining and minerals, igniting new enterprises in the agriculture sector, while also wooing new investments in green energy,” Monama said.Yesterday, Monama said the conference meant everything to a province whose unemployment statistics were reducing steadily in the second quarter of 2022-23. The province’s official unemployment rate is currently 31.

“We call all investors to take advantage of the vast opportunities offered by our province in our different sectors of the economy,” said Monama.In its first year, the conference managed to raise R209 billion, with R234.7 billion the following year. It also created more than 10 000 jobs through investments. A large proportion of this, Monama said, came from the expansion of Mokopane Anglo Platinum and Venetia Mine in the Vhembe region.

 

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