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More than two billion US dollar investment for KwaZulu-Natal
26 March 2008
Dubai: KwaZulu-Natal Premier Sibusiso Ndebele today, 26 March 2008, met with the management team of the Dubai-based company involved in the more than two billion US dollar investment on the North Coast of KwaZulu-Natal.
During his State of the Province Address on 13 February this year, the Premier announced this major project which involves a multi-billion rand investment on the northern side of the uThukela River, in the Macambini area, which is expected to create thousands of permanent jobs.
The finer details of the project were concluded today, 26 March 2008.The Chief Executive Officer of the investor group is expected to visit the province towards the end of April this year to finalise the master plan and thereafter work will commence.
The KwaZulu-Natal government delegation led by Premier Ndebele to Dubai included Ilembe District Mayor Councillor S W Mdabe, Mandeni Mayor Councillor B L Magwaza, provincial Director-General Dr Kwazi Mbanjwa as well as officials from the provincial departments of local government and traditional affairs, transport, agriculture and environmental affairs and Ezemvelo KwaZulu-Natal Wildlife.
On Friday, 28 March 2008, Premier Ndebele will be in Spain where he has been invited by the Premier of Asturias, Vicente Alvarez Areces, to strengthen partnerships between KwaZulu-Natal and Spain, particularly in the areas of the 2010 Fifa World Cup, soccer development, tourism, economic development, agricultural development, poverty alleviation and culture and heritage. Premier Vicente Alvarez Areces will be visiting South Africa shortly. Whilst in Spain, Premier Ndebele will also be meeting with the management team of Real Madrid Football Club.
Enquiries:
Logan Maistry
Cell: 083 644 4050
E-mail: maistryl@premier.kzntl.gov.za
Issued by: Office of the Premier, KwaZulu-Natal Provincial Government
26 March 2008
Source: SAPA