The NEPAD Business Foundation (NBF) in partnership with The Department of Trade and Industry the dti hosted their annual conference on industrial policy themed Enhancing Industrial Development in South Africa and Southern Africa on Friday, 26 July in Johannesburg.
With recent infrastructure and industrial development in the SADC region are opening up new opportunities for investors this event aimed at informing the private sector on the dti's recent launch of the 2013 - 2016 Industrial Policy Action Plan and the establishment of designated Industrial Development Zones (IDZs), as well as the planned Special Economic Zones (SEZs) and how this relates to the region. The 2013 - 2016 Industrial Policy Action Plan targets to prevent industrial decline, support the growth and diversification of South Africa's manufacturing sector, as well as reduce the over-reliance on commodity exports..
the dti and the NBF invited private sector stakeholders to a seminar to elaborate and clarify on issues relating to industrial policy in South Africa and Southern Africa. At the event members of the private sector gained a better understanding of IPAP 2013, IDZs, SEZs and recent related developments in the SADC region.