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Maluti-A-Phofung Special Economic Zone set to boost job creation

N Capa

The ANC has committed itself to speed up the roll-out of the special economic zone incentive as one of the means to grow the local economy and ensure job creation. We therefore welcome the construction of the Maluti-A-Phofung, Special Economic Zone in the eastern part of the Free State. The Special Economic Zone is scheduled to begin construction in March 2018, and is expected to produce 255 direct permanent jobs and 420 indirect jobs in 2018/19 financial year. A further 1 700 temporary work opportunities are also expected to be created during the construction phase of these top structures, as was done through phase one bulk services project, which already commenced in September 2017.

The ANC Government has initiated Special Economic Zones as geographically designated areas in the country, set aside for specifically targeted economic activities to promote economic growth. Our government around the country is focussed on growing the economy and creating jobs and believes that the Maluti-A-Phofung Special Economic Zone will go a long way in improving the provincial unemployment rate.

I thank you

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