South Africa: Limpopo Premier Dr Ramathuba welcomes R120 Billion in Investment pledges

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Limpopo Premier Dr Phophi Ramathuba has welcomed with joy the R120,329 billion in investment from the 2024 Limpopo Investment Conference.

The two-day conference, held from 07 to 08 November 2024 at The Ranch Hotel, brought together key stakeholders from both the private and public sectors to explore and promote investment opportunities in Limpopo.

“We extend our heartfelt gratitude to the business sector and industry leaders who have partnered with us to uplift our province.”

“These pledges are an important step in transforming Limpopo’s economic landscape and we are confident that this partnership will bring substantial benefits to the people of Limpopo who need access to enhanced services and opportunities,” said Premier Dr Ramathuba.

Limpopo Premier Dr Phophi Ramathuba

The pledged investments are aimed at fueling priority areas for Limpopo’s development, including green energy initiatives, critical infrastructure projects, and catalytic ventures that will stimulate industrial growth and support the establishment of industrial parks.

These projects are expected to create numerous jobs, ranging from short-term positions to full-time employment opportunities, significantly impacting local communities.

Implementation of projects funded by these pledges will commence from November 2024 and continue through to October 2025.

This commitment from the business sector shows the strong support for the province’s 7th administration and its focus on sustainable development and economic resilience.

Premier has thanked all the Members of Executive Council who attended the two day conference indicating how investment would change the status of the departments.

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