DESTEA revamps Industrial Parks to attract investors

DESTEA revamps Industrial Parks to attract investors

Industrial Parks in the Free State province, including Botshabelo Industrial Park will receive a face-lift to be more appealing to investors, which will in turn create more job opportunities and grow the economy. The provincial government has gone on an aggressive drive to revive the economy of the Free State and position it as an investment destination.

The Department of Economic, Small Business Development, Tourism and Environmental Affairs (DESTEA) will on Tuesday, 12 March 2024, launch the refurbishment programme for state owned factories around the Province, at the Botshabelo digital hub at the Botshabelo Industrial Park.

Through stimulating the manufacturing sector, fostering technological learning and innovation the provincial government will be able to grow the economy and create the much needed jobs in the province.

According to the Free State MEC for DESTEA Mr. Thabo Meeko, the initiative showcases the Free State Government’s commitments made during the investment conference held nine days ago, that the giant is awaken and would act with speed in creating conducive environment for investors, generate comparative and competitive advantages; attract innovative businesses and provide operating space for SMMEs at the industrial parks.

“Industrial Parks and Special Economic Zones are dedicated areas contributing to economic development; are growth engines towards government’s strategic objectives of industrialization and employment creation. Both areas, can offer the opportunity to decrease production costs through common infrastructure and systems, while leading to the potential of increasing the production capacity”, said MEC Meeko.


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