Friday, November 1, 2024
spot_img
HomeAgriculture, Forestry, FishingPaving the way to industrialization in the Northern Cape

Paving the way to industrialization in the Northern Cape

With the abundance of resources, energy and other critical investment infrastructure that is being created, the Northern Cape is showing clear clusters of value-addition and manufacturing.

The National Development Plan: Vision for 2030 (NDP) argues that the formulation of foreign policy should be informed by principles that both reflect and support national interests. This requires that global partnerships be developed that will secure markets, capital and technology.

The three main concerns emerging from the NDP are that South Africa needs to grow its economy, reduce poverty, and improve the quality of life for South Africans – the “better life for all” principles embodied in the preamble to the constitution.

Chapter Seven of the NDP deals with South Africa’s “place in the world”. It says the country must honestly re-evaluate its regional and global positioning to ensure that foreign policy objectives help it achieve its constitutional vision of a better life for all.

The Northern Cape subscribes to all of the above-mentioned and reflects this in the Provincial Growth and Development Plan and vision to be a modern, growing and successful province. The catalyst for sustainable development in the Northern Cape is economic growth and development. This entails the breaking of the resource curse of the economy whereby the Northern Cape merely serves as the extraction point and the global periphery has the industrial benefits.

With the abundance of resources, energy and other critical investment infrastructure that is being created, the Northern Cape is showing clear clusters of value-addition and manufacturing. This is the precursor to industrialisation and becoming a modern and growing province. The nucleus of this investment is the resource base of the Northern Cape that is globally in demand not just in its raw format, but in consumer products as well.

This is not a road to be travelled alone though. The province require partners and investors to realise access to markets, capital and technology. Investment partners that own global market share that demand best products and services can be assured of this in terms of the Northern Cape’s near organic standard of agri-produce, minerals and knowledge generation via the Square Kilometre array.

In addition, all of these sectors and industries must be supported and this forms the next level of demand and supply to pave the industrialisation pathway. This will ensure that we are a modern, growing and successful province.

We therefore urge global market leaders to secure the best for your consumers and to expand your markets by creating a manufacturing and supplier base in the Northern Cape that serves the global market and has direct access to SADC.

Invest in the Northern Cape and collectively we will become global market leaders!

Learn more

RELATED ARTICLES

Investment Projects

Business News

spot_img

Recent Articles

spot_img