PRESIDENT Cyril Ramaphosa says investors are increasingly seeing the opportunities that exist in Limpopo Province, which is key to regional integration within SADC.
Ramaphosa delivered the keynote address at the provincial investment conference on Wednesday.
In a pre-recorded speech for the conference, Ramaphosa said government has also created conditions for a rapid increase in generating capacity through opening further bid windows for the renewable energy programme and increasing the licensing threshold for embedded generation projects to 100 MW.
“This includes the restructuring of Eskom into separate entities for generation, transmission and distribution. This will stabilise the company’s financial position and improve the performance of Eskom’s power plants,” he said.
Ramaphosa said government is working to improve the investment climate and reduce the cost of doing business.
“We are undertaking far-reaching structural reforms in the energy, transport and water sectors, all of which are important for the industries with the highest
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