PHUTI MOSOMANE
President Cyril Ramaphosa welcomed a number of investments into the country by companies and institutions from the Netherlands and Denmark on Tuesday in Pretoria.
South Africa is hosting a joint working visit by the Prime Minister of the Netherlands Mark Rutte, and the Prime Minister of Denmark Mette Frederiksen.
Earlier, Ramaphosa hosted the SA-Denmark-Netherlands business forum.
Netherlands and Denmark’s investments will help create a Green Hydrogen fund worth over R18-billion for South African projects.
“From the Netherlands, a commitment of $1 billion for the establishment of SA-H2 Fund to mobilise Green Hydrogen investments was made,” Ramaphosa said.
Invest International has announced a concessional financing package for water- and energy-related public infrastructure.
Ramaphosa also welcomed the establishment of a Climate Smart Horticulture demo facility at Eskom’s Grootvlei power station, which will serve as a hub for agricultural production, packaging and distribution for the surrounding areas.
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