Friday, 23 August 2019 10:08 GMT
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S. Africa targets industrial competitiveness improvement




(MENAFN) South Africa has set a target over the upcoming five years to enhance the industrial competitiveness and performance in its market.

Moreover, South Africa is planning to develop and expand its products along with bolstering scales of investment.

Trade and Industry Minister Ebrahim affirmed that the South African government is also prioritizing encouraging economic inclusion as well as launching equitable spatial and industrial development with raising the state's capacity.

Ebrahim stressed that "the country's growth levels are well below what is needed to achieve our development goals. These conditions call for coordination between government and business to lift the rate and inclusivity of growth."

He added: "we will use the talents of all South Africans, including the expertise in the private sector to strengthen the implementation capability of the state."

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S. Africa targets industrial competitiveness improvement

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