DA says industrial parks revitalisation a ‘white elephant’
The department of trade and industry has spent R511m on the initiative, meant to drive economic development, with very little to show for it so far
A three year-old government-run programme meant to upgrade the infrastructure of all of the country’s industrial parks has produced few results despite more than half a billion rand being spent on the scheme to date.
The department of trade and industry’s industrial park revitalisation programme was established in 2016 to rejuvenate SA’s old industrial parks and to drive economic and industrial development in various regions. The programme was also meant to accelerate economic development in regions that were lagging, such as the old homelands and rural areas, and also to support job creation in manufacturing and related sectors...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.