New Buisnesses in South Africa to boost Economic growth

New industries are being added to towns in Africa, which is known as the "Revitalization of Industrial Parks Programme." This program is designed to benefit the citizens in these towns and provide jobs. For example, the Komani Industrial Park was the latest revitalization project which marked the fourth industrial park to be launched this year.

The increase of industrialization is going to give many more local citizens jobs and overall help the economies of these towns like Komani Industrial Park in Queenstown. Minister Davies stated that the 4 launched parks will employ 40,000 people. If more parks are to be added, many more job opportunities await South African citizens. The increase of manufacturing jobs is being highly stressed in South Africa right now due to the lack of jobs in local areas. Not only is the industrialization creating more jobs, but it is also boosting the economy, which Minister Davies believes is the reason that South Africa is not in recession. I believe that the expansion of jobs in South Africa is very beneficial for the locals in small towns that are in need of job opportunities. A provincial chairperson, Mfundo Tsheketshe, said "We welcome the initiative because it inspires hope for the local people as this will create jobs and boost our local economy.”


http://www.polity.org.za/article/dti-revitalisation-of-industrial-parks-programme-creating-more-jobs-2016-11-07