Ramathuba targets R28 billion at upcoming Limpopo Investment Conference

By Akani Nkuna

The Limpopo provincial government is gearing up to host the 5th edition of the Limpopo Investment Conference, with Premier Phophi Ramathuba projecting that the gathering will attract at least R28 billion in new investments to boost the province’s economic growth and sustainability.

Launching the conference at Atrium Boutique Hotel in Polokwane on Wednesday, Ramathuba noted that previous editions of the conference had secured more than R280 billion in pledges, of which R66 billion has already been invested across sectors, creating over 20,000 jobs.

“Furthermore, R9.9 billion in projects are awaiting regulatory approvals, which, once granted, will positively impact local economies. An impressive R52.8 billion of pledged investments hinges on the development of Special Economic Zones (SEZs), highlighting the need to expedite their establishment to attract further industrial investments,” she said.

The conference, scheduled for the last two days of this month under the theme “Limpopo Rising –