|
Deputy President Cyril
Ramaphosa says government's Nine-Point Plan has been
stimulating economic activity since the intervention was
announced by President Jacob Zuma three years ago.
The Deputy President was answering questions in the
National Assembly recently.
"In 2015, President Zuma announced the reprioritisation
of government interventions to support economic growth
through the Nine-Point Plan.
"In 2017, our implementation of the Nine-Point Plan
continues and it continues to create a better life and
indeed a better economy for our country," he said.
Listing some of the results from the intervention, the
Deputy President said in the course of revitalising the
agriculture and agro-processing value chain, net exports
of agricultural raw products had gone up by an average
by 14,6% since 2012.
He said 23 agri-parks were currently being developed and
would be completed by 2019.
"Through the implementation of the Industrial Policy
Action Plan, four industrial parks have been launched in
South Africa.
"We continue to see expansion in the auto sectors of our
economy with auto-making companies investing billions
and billions of rands.
"In May this year, Beijing AutoWorks, together with the
Industrial Development Corporation, launched the
expansion of the New Era Facility in Springs, Gauteng.
"The investment into this expansion is estimated at R250
million and will create 100 new jobs," he said.
He said the MAN manufacturing and assembly plant in
Olifantsfontein, Gauteng, was now producing buses for
Tshwane's Bus Rapid Transit services with 80% local
content.
"First Auto Works invested R600 million in a truck
assembly facility at Coega in the Eastern Cape," he
said.
The Deputy President said as part of the intervention of
the Nine-Point Plan, several sectors were showing signs
of growth.
The clothing and textile industry's turnaround has
resulted in 70 000 jobs being saved with an estimated 9
550 jobs created and 28 new companies being established.
"The Black Industrialist Programme has supported 46
projects and has attracted R3,7 billion of
private-sector investment and this has created almost 20
000 jobs.
"To support localisation, 21 products and sectors have
been designated for local production. These include
products such as bus bodies, clothing, textile, leather,
footwear, school furniture, office furniture, steel
power pylons and canned or processed vegetables," he
said.
Government's interventions to support investment and
growth through the Nine-Point Plan includes unlocking
the potential of small, medium and micro-enterprises,
co-ops and rural and township enterprises by
implementing the 30% set aside policy that was adopted
by government. ¡V Source:
SAnews.gov.za |
