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

  • 📰 ewnreporter
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

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

 /  🏆 35. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines