THE Seshego Industrial Park outside Polokwane in Limpopo is currently undergoing a major facelift, courtesy of R21 million cash injection from the Department of Trade and Industry (DTI).
The infrastructure upgrading, on the north eastern outskirts of the township, is part of the department’s Revitalisation of Industrial Parks Programme.
The objective of the programme is to revitalise state-owned industrial parks across the country in order to promote industrialisation and increase their contribution to job creation and the country’s economic growth.
The industrial park will be one of the first parks to be launched following the completion of the first phase of revitalisation.
The revitalisation is implemented in phases focusing on various areas. The first phase of the Seshego park’s revitalisation project includes the upgrading and provision of security; electricity; road; bulk water supply and sewage treatment infrastructure.
The DTI is working with the Limpopo Economic Development Agency on investment and export promotion.
The industrialists operating in the parks are expected to benefit from various incentives offered by the DTI.
According to the Minister of Trade and Industry, Rob Davies, the DTI identified a need to revitalise industrial parks located in various parts of the country, mainly the former homelands, as part of efforts to promote industrialisation, manufacturing and job creation.
“This was motivated by the recognition that these industrial parks have the capacity to serve as catalysts for broader economic and industrial development in their host regions, mainly townships and rural areas. We would like to see them contributing to economic growth, diversification of economic activity, attracting investments to the areas they are located in, job creation and addressing the problem of inequality,” says Minister Davies.
He adds that the revitalisation programme is part of the Industrial Policy Action Plan (IPAP) aimed at promoting industrialisation in the country and boosting our manufacturing capacity to increase the production of exportable goods.
The programme is also in line with the department’s economic transformation initiatives intended to ensure that of the country’s regions and enterprises based there participate meaningfully in the mainstream economy.
“It will also support job creation mainly in the manufacturing sector, assist in the development of the infrastructure and facilitate market access for companies operating from the parks. In this way, the regions will be able to build, strengthen and develop their strategic industrial capabilities,” Davies added.