Dube TradePort has scooped the “Best Practice in Free & Special Economic Zones” award for 2019 run by the Fédération Mondiale des Zones Franches (Femoza) – the World Free & Special Economic Zones Federation.
The announcement was made at the Su-Meet: World Free & Special Economic Zones (SEZ) Summit in Monaco, yesterday.
Speaking at the two-day summit which ends today, Hamish Erskine, the trade port’s CEO, said management would focus on facilitating further investment, with Dube set to receive significant investments over the next five years.
“We are in the midst of a drive targeting private sector investments worth R18 billion,” Erskine said.
“Since the beginning of 2019, when we announced the opening of phase two of our Dube TradeZone industrial precinct, we felt a tangible interest from investors. We hope that this award will further bolster that interest, bringing greater momentum to our investment drive.”
“Since becoming operational in 2010, Dube TradePort has attracted more than R3.2 billion in private sector investment.
