Empangeni:The Deputy Minister of Science, Technology and Innovation, Dr. Nomalungelo Gina, will host an event on Thursday aimed at attracting businesses and potential investors to the uMkhanyakude District Municipality in Empangeni, KwaZulu-Natal. The corporate investment gathering seeks to advance economic development across the region.
According to South African Government News Agency, the uMkhanyakude District Corporate Investment Dinner invites businesses and development partners to invest in the district, aligning with the District Development Model and the district's One Plan. This initiative is designed to translate the district's development plan into investable opportunities, leading to inclusive economic growth.
Dr. Gina, serving as the DDM champion for the district, will lead the event alongside Thembeni kaMadlopha-Mthethwa, the MEC for Agriculture and Rural Development in KwaZulu-Natal, and Executive Mayor Siphile Mdaka. The uMhlosinga Development Agency and the Zululand Chamber of Commerce and Industry are also key partners in this investment initiative.
The event will showcase 11 catalytic projects, focusing on sectors such as tourism, agriculture, urban development, and digital innovation. These projects aim to attract investment through various partnership models, including public-private partnerships and private sector-led initiatives.
Highlighted projects include the Mkhuze Airport Precinct Development, which seeks an estimated R200 million investment for aviation infrastructure, and the Nkodibe Interchange Mixed-Use Development in Mtubatuba, valued at approximately R1.9 billion. Other significant projects include the Hluhluwe Mixed-Use Development, a Cassava Processing Plant, a Pineapple Processing Plant, and a Chicken Abattoir, all designed to boost local economic activity and job creation.
The Kosi Bay Border Node Development and the potential upgrade of the Malabela sportsground in Hluhluwe are additional opportunities aimed at enhancing regional trade and community facilities. These initiatives are part of a broader strategy to position the uMkhanyakude District as a strategic gateway to neighboring Eswatini and Mozambique, thereby strengthening cross-border economic activity.