CYRIL RAMAPHOSA|
LAST week we held our fourth South Africa Investment Conference as part of our ambitious drive to raise R1.2 trillion in new investment over five years.
The value of the investment commitments made at the conference was R332 billion, bringing the total value of commitments to date to R1.14 trillion. With just one year to go, we have now reached 95% of the target we set in 2018.
The Investment Conference was significant for several reasons.
Firstly, this was an impressive amount of investment commitments in the midst of a pandemic that has dampened the global investment climate for more than two years.
Such is the appetite of global investors for our economy that this year saw pledges from traditional trading partners in the European Union, United States, China and the United Kingdom, but also from Canada, Mauritius, Norway, Turkey and Pakistan. We also had funding pledges from
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