More than 25,000 jobs will be created through state’s incentive programme
The Department of Trade and Industry’s incentive plan incorporates the automotive, clothing, film, critical infrastructure and business process outsourcing sectors
The Department of Trade and Industry has approved more than R20bn in industrial finance for this year, creating 27,000 direct new jobs and about 108,000 new indirect jobs. This emerged from a media briefing Tuesday by the economic and employment cluster of ministers chaired jointly by Rural Development and Land Reform Minister Gugile Nkwinti and Science and Technology Minister Naledi Pandor. The department’s incentive programme incorporates the automotive, clothing, critical infrastructure, film and business process outsourcing sectors, as well as special economic zones and the manufacturing competitiveness enhancement programme.
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