Project 35% Plus Roundtable to boost investment in GP's municipalities

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The project, launched by Standard Bank on Monday, is a collaboration between the public and private sectors in an effort to grow Gauteng's contribution to the national gross domestic product.

JOHANNESBURG - Gauteng Finance MEC Jacob Mamabolo says the new Project 35% Plus Roundtable will focus on making investing in local municipalities easier.It’s a collaboration between the public and private sectors that will see some of the country’s top executives working with the Gauteng Treasury to grow the province’s contribution to the national gross domestic product.

“We are going to try before the end of this calendar year in and around November, when we present our Medium-term Budget Policy Statement, to say which municipalities are we going to do a pilot with to then say what’s the best way to make it easier for any investor, whether in the country or outside the country, to invest in a municipal space.

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