This month the North West provincial government will enter into a partnership with the Automobile Industry Development Council (AIDC) and the Industrial Development Corporation (IDC) to revive industrial parks in the province and create new and niche industries.
This is part of a larger plan to promote integrated economic planning in the province, with an amount of R986.4 million having been allocated to the North West Department of Economic Development, Environment, Conservation and Tourism to accelerate “transformational, inclusive and sustainable economic growth in that province”.
So said MEC of the North West Department of Economic Development, Environment, Conservation and Tourism, Kenetswe Mosenogi, when she tabled the department’s budget speech for 2019/20 recently in the provincial legislature on Friday.
She said her department would broadly consult with relevant key stakeholders – including national departments, the private sector and developmental financial institutions – for an integrated plan to change the economic landscape of the North West.
“The Integrated Provincial Economic Growth Strategy will be aimed at prioritising economic sectors that will enhance the development of the province, revitalise industrial parks, attract investment, and address township and rural economies,” said Mosenogi.
