South Africa President speaks on shipping matters
The South Africa president spoke out about shipping matters in his speech on Saturday 19th July.
“The workstream on Marine Transport and Manufacturing will explore the country’s natural advantage in maritime transport and manufacturing.
South Africa aims to capture the benefits of growing volumes of cargo handling, sea and coastal shipping and supporting transport activities such as storage and warehousing.
In addition, South Africa can utilise its location and expertise to increase its share of the global marine manufacturing market, including ship-building and repair, rig repair and refurbishment or boat-building.
Against this backdrop, the aspiration of this workstream is to grow the marine transport and manufacturing sector over the next 5 years, to increase the contribution to GDP and multiply the number of jobs in South Africa.”