2019 TSHWANE TRADE AND INVESTMENT SUMMIT (TTIS 2019) BOOSTS INVESTMENT AND JOBS.

Thursday, 10 October 2019 – Held during September, TTIS 2019 promoted the City of Tshwane as a preferred destination for the inflow of domestic and foreign investments. Over 500 participants including over 400 business delegates attended the Summit.

Powered by the City of Tshwane and the Tshwane Economic Development Agency, TTIS 2019 showcased 20 bankable projects to potential investors across 5 priority sectors, accounting for a total of over R126 billion in potential pipeline investments. A key sentiment carried by the Executive Mayor of Tshwane, Cllr Stevens Mokgalapa, was that the City of Tshwane had taken an approach of reducing red tape and rolling out the red carpet for investment and business.

Under the theme of “Partnering for development: An investor-friendly capital city”, TTIS 2019 managed to secure well over R10 billion in investment commitments which is set to create over 6 700 jobs in the City of Tshwane.

The breakaway sessions for the 5 priority sectors provided opportunities that the City can take forward in positioning these sectors for growth – some key insights uncovered include;

  • Automotive – the City needs to partner with the local automotive sector to benefit from the opportunities offered by the new Africa Continental Free Trade Agreement (ACFTA).
  • Agro-processing – the 4th industrial revolution will help in connecting farmers to markets, bridging the gap between research, policy and business. Tshwane as a research hub, has the advantage to use this capacity to benefit the sector
  • Tourism – township revitalisation is a big growth sector and that focus should also go towards transforming the township tourism precincts in Tshwane
  • Energy and Renewables – the changing regulatory environment in the energy sector presents an opportunity for municipalities to play a bigger role in both the generation and distribution of electricity
  • Property – various investment opportunities were showcased highlighting impact and opportunities across this sector – to see all projects showcased please click here

Aside from the panel discussions, exhibitions and site tours, the below investors were honoured for doing business in the city and encouraged to keep growing the city’s economy and create employment;

Strategic Urban Development Projects Other Projects SME
Rainbow Junction Development Company (Pty) Ltd Sun Time Square The Distilling Native
Big Cedar Property Development Growth Bader SA Mamelodi Lager
MIO-Liviero Garankuwa (Pty) Ltd Regency Hotel Group Soltech
Mzansi Rail Technology  Bio2Watt Kgabo Cars
M&T Development (Pty) Ltd  Exemplar Troy Gold Consolidated
Abland Pty Ltd    
Atterbury    

 

Issued on behalf of Tshwane Trade and Investment Summit 2019. For more information, visit the website http://ttisummit.com/ or contact:

For TEDA
Paseka Rakosa
082 429 1862
Pasekar@tshwane.gov.za

For Retrolex
Nkateko Khosa
083 514 3728
nkateko@retrolex.co.za

About TEDA

The Tshwane Economic Development Agency Ltd (TEDA) was established as a municipal entity of the City of Tshwane Metropolitan Municipality (CoT) on 2 November 2006. TEDA operates as a State Owned Company registered in terms of the Companies Act. TEDA was established with the primary objective to cultivate an environment within which the City of Tshwane (CoT) can grow its human capital and the economy through the facilitation, implementation and management of developments with a specific focus on economic development and Investment