*Writer: Ndabezinhle Sibiya
Making KZN an
waZulu-Natal is looking to capitalise on bilateral relations
investment, said the KZN Premier.
between South Africa and other countries to drive socio-
There will also be the joint commitment to initiatives in
economic development and become an economic pow-
areas such as tourism, agriculture, ports, education and
erhouse. “We cannot prosper in isolation. We want to state unequivocally
cultural exchanges, among others.
that our long-term success lies in the integration of our economy
with economies of the world.
In addition, KZN MEC for Economic Development, Tourism
“We are determined to take advantage of opportunities offered
and Environmental Affairs Sihle Zikalala took a delegation
by being part of BRICS [the Brazil, Russia, India, China and South
from Guangdong on a tour of areas to be considered for
Africa grouping]. Having hosted the BRICS Summit we understand
investment such as Dube Trade Port Economic Zone. The
that this bloc is an organisation established to safeguard the inter-
delegation was also made aware of the potential of Rich-
ests of the so-called developing nations,” said KZN Premier Willies
ards Bay Industrial Development Zone as a host for foreign
KZN and China’s Guangdong Province have already signed a memorandum of understanding (MoU). Premier Mchunu and the Governor of Guangdong Zhu Xiaodan agreed to enter into a twinning arrangement. To promote shared development and prosperity, the two provinces will proactively push for the growth of two-way trade and
KwaZulu-Natal is China’s largest trade partner in South Africa and contributed $10.6 trillion to the country’s gross domestic product. The Guangdong province achieved $25.5 billion (R350 billion) worth of trade with South Africa in 2014. The MoU between KZN and Guangdong provides a firm
KwaZulu-Natal Premier Willies Mchunu with the Governor of Guangdong Zhu Xiaodan.
Public Sector Manager • December 2016 / January 2017