Press Release
26 June 2013
President Zuma to participate in the SADC Infrastructure Investment Summit in Mozambique
The Southern African Development Community (SADC) is scheduled to hold an Infrastructure Investment Summit on 27 June 2013 in Maputo, Republic of Mozambique, under the theme: “Accelerating Investment in SADC Infrastructure through Sustainable and Innovative Financing.”
In addition to representatives from the business and financial communities, the Summit will also be attended by the Heads of State of Angola, Mozambique, Malawi and South Africa and the Chairperson of the African Union Commission.
President Jacob Zuma will participate in a High-Level Round Table session on the morning of 27 June 2013 during which he will focus particularly on the North-South Corridor in his capacity as Champion of the AU-NEPAD Presidential Infrastructure Championship Initiative (PICI).
It is expected that President Zuma will be accompanied to the Summit by Minister Trevor Manuel (Minister in the Presidency) and Minister Rob Davies (Minister of Trade and Industry).
The main objective of the Summit is to present the SADC Regional Infrastructure Master Plan (RIDMP) and its Short-Term Action Plan (STAP) to a range of potential investors, funders of infrastructure and key international cooperating partners. The Summit will also be used to facilitate direct consultations between potential investors and national project promoters.
The RIDMP and the STAP are focusing on the following sectors: energy; water; transport; ICT/Communications; tourism; and meteorology.
A range of projects are identified in the STAP phase (2013-2017) which will be prioritised for implementation.
This Summit is very important for the SADC region since it needs to accelerate its industrial and trade capacity through substantial infrastructure investment in order to expand economic growth and employment creation.
For further information, please contact Mr Clayson Monyela, Spokesperson for DIRCO, on +27 82 884 5974
ISSUED BY THE DEPARTMENT OF INTERNATIONAL RELATIONS AND COOPERATION
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