CONFERENCE
Ocean economy can lift growth in Africa, says Jacob Zuma
African countries must invest in their ports and connecting infrastructure for regional growth, president tells Terminal Operators Conference Africa 2017
President Jacob Zuma urged African countries on Tuesday to develop their ocean economy, saying it was one of the fastest ways to boost growth. SA‚ he said‚ was already going this route and promoting its ocean economy through Operation Phakisa. This had contributed about R60bn to GDP in 2015 and accounted for 397‚000 jobs, Zuma said. He was opening the inaugural Terminal Operators Conference Africa 2017 at the Durban International Convention Centre on Tuesday. It is the only major international exhibition and conference in the world that focuses on showcasing port and terminal technology operations. Zuma said it was correct that the conference was held in KwaZulu-Natal — a province with a maritime industry that spanned sectors such as freight and logistics‚ ancillary maritime support services‚ tourism and leisure‚ marine energy and fishing‚ aquaculture and mariculture. The province has two of the busiest ports in Africa and the southern hemisphere — Durban and Richards Bay — which ha...
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