Logistics sector features high in planned trade summit

A MAJOR trade and investment summit will take place at the Sandton Convention Centre, Johannesburg from November 12 - 14, 2002.
Hosted by the International Trade Group (ITG), the event will provide boardrooms at the Centre where CEOs and directors of South African companies will be able to host meetings with pre-selected overseas investors.
According to the UK based Economist Intelligence Unit (EIU), South Africa is one of the cheapest countries in which to do business, beating 21 out of 30 nations. "This kind of information should be combined with the knowledge that overseas investment is essential to the South African economy if the transformation process in the country is to proceed successfully," says an ITG spokesman.
"Before overseas companies make decisions to conduct business or invest in South Africa they need to meet the organisations they wish to do business with, face to face."
The six business sectors on which the event will focus include logistics (transport, freight, cargo handling, shipping and ships agents); pharmaceuticals; food & beverages; IT & communications; clothing & textiles; and automotive/components.
To ensure the event is attended by relevant international investors and trade organisations, up to one hundred of the overseas delegates will be sponsored up to an amount of R25 500 per guest for their accommodation, flight costs and delegate fees.
Metropolitan Group is the platinum sponsor of the event while Trade and Investment South Africa (TISA), a division of the South African Department of Trade and Industry (DTI), is the silver sponsor.