Dti sets aside R216m to revitalise industrial parks

The Department of Trade and Industry (the dti) has set aside R216 million for the renovation of five industrial parks as part of efforts to promote industrialisation, manufacturing and job creation. 

“Last year, the dti spent more than R180 million for the upgrading of six parks spread across five provinces in the first phase of our Revitalisation of the Industrial Parks Programme,” said Minister of Trade and Industry, Dr Rob Davies.

Budgets were approved late last year for Nkowankowa, Ekandustria, Bodirelo, Phuthaditjhaba and Garankuwa industrial parks – and work on the first phase will begin shortly. The programme is implemented in four phases with the first being the upgrading of the security infrastructure. 

 “We would like to see these parks operating as centres of excellence and beehives of economic activity, contributing to the growth and diversification of our economy. The revitalisation process will ensure that the upgraded parks appeal to private investors, provide a conducive environment and attract investments that will create jobs and assist in promoting economic transformation,” he added.