Strategic Partnerships
Musina-Makhado SEZ hosted a successful investment conference recently, in which Shaanxi CEI Investment Holdings made a commitment of US$5 billion for vanadium and titanium smelter project. A further US$1.1 billion worth of investment commitments were signed, with Roads Agency Limpopo committing to develop road infrastructure in the special economic zone.
RAL AND MUSINA-MAKHADO SEZ SYNERGY BOOST TO ECONOMIC DEVELOPMENT IN LIMPOPO
wo of Limpopo Provincial Government’s key state-owned companies for socio-economic development, Roads Agency Limpopo (RAL) and Musina-Makhado Special Economic Zone (SEZ) recently signed a strategic partnership agreement to develop road infrastructure around Limpopo Province’s first special economic zone. RAL is one of six organisations that signed the latest round of Memorandums of Understanding (MoUs) with the recently launched Musina-Makhado SEZ at their most recent investment conference. This on top of the seven MoUs and five Memorandums of Agreement (MoAs) worth R150 million already signed with investors for the SEZ’s
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energy and metallurgical cluster in 2018. This SEZ targets four main sectors, namely; energy and metallurgy, agro-processing, logistics, (general) manufacturing sectors. According to the details of the MoU, RAL and Musina-Makhado SEZ are “jointly collaborating in undertaking road infrastructure development for the successful implementation of the Musina-Makhado Special Economic Zone”. “The parties recognize the synergy amongst them and the potential value to be derived from their
