By KEDIBONE MOLAETSI
The North West Premier, Lazarus Mokgosi said approximately 97% of the total platinum production occurs in Rustenburg, with the mining sector providing around 50% of all formal employment. Mokgosi said they should harness this potential, however, they must also invest in people.
He further said they are collaborating with the North West University, the Departments of Higher Education and Minerals and Petroleum Resources to establish an Engineering Faculty in Rustenburg to respond to the demand for technical and engineering specialities needed to meet the demand in the mining and related fields.
Mokgosi added that the 7th administration has already started consultations with the Minister of Trade Industry and Competition to remove all hurdles preventing the cabinet from approving the issuance of the license for the formal proclamation of the Special Economic Zone (SEZ) in Mogwase.
“We have now appointed a full time CEO for the North West Development Corporation (NWDC), who will work with the Board to appoint the rest of the Executive Management Team. The NWDC will be restructured to be fit for purpose to drive our economic and industrialization programme.
“We are continuing with work in the SEZ to renovate existing structures and the construction of Phase 2 of the project. The main hub of the Platinum Valley SEZ will be housed in a 100-hectare site at the Bodirelo Industrial Park, located near the town of Mogwase,” he said.
Mokgosi said the site will be developed in three phases, comprising a logistics park, light manufacturing space and heavy industries manufacturing space. He said they have so far garnered investment commitments to the tune of R164 billion for the Special Economic Zone.
“Eleven of these are at an advanced stage with three having signed pre-lease agreements. These commitments are a culmination of the investment initiatives of the 6th administration to create over five thousand job opportunities for our people.
“Our province is home to Phelindaba, South Africa’s main nuclear research centre, and with the new Electricity and Energy Minister’s vision for a 2500MW nuclear plant, we have the potential to become an investment destination of a powerhouse in the energy generation sector,” said Mokgosi.
He said nuclear energy has a catalytic potential across sectors like nuclear medicine, energy and human resource development to develop new rare skills and specializations, which are in high demand.
Mokgosi said all these priorities require coherent policy direction and coordination from the government to guide interventions and direct sector contributions towards a common goal.
The Guardian 