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Huge foreign investment on cards for Newcastle as heads meeting with Wudi leadership (China)

Huge foreign investment on cards for Newcastle as heads meet with Wudi leadership (China)
"The broad categories of possible partnerships considered in both the Amajuba District Municipality and KZN include recycling, energy and renewable energy (which will involve wind farms, agri-parks, solar power), agriculture, manufacturing and mining."

Estimated reading time: 3 minutes

From forging relationships, promoting development and securing investment, Amajuba District Municipality, and Wudi County (China) leadership recently held a virtual meeting discussing an extensive development deal for the district.

According to the Amajuba District Municipality, this meeting follows several engagements during 2019 and a visit by the Amajuba District Municipality’s delegation to the country, with potential partnerships being discussed.

These engagements form part of the Amajuba District Municipality’s process to attract domestic and international investors, assisting the municipality in growing and developing the local economy. The government entity states, “This also forms part of our COVID-19 Economic Recovery Plan, which was approved and is supported by the provincial government.”

The approach will ensure that the plans’ benefits are spread to local entrepreneurs and deal with the district’s concerning rate of unemployment.

The broad categories of possible partnerships considered in both the Amajuba District Municipality and KZN include recycling, energy and renewable energy (which will involve wind farms, agri-parks, solar power), agriculture, manufacturing and mining.

The virtual meeting was attended by the Mayor of Amajuba District Municipality Cllr Dr Musa Ngubane and the delegation from the Amajuba District Municipality, the Deputy Mayor of Wudi County; Chang Huaixiang and his delegation, the Office of the Premier, KwaZulu-Natal SALGA and KwaZulu-Natal Department of Cooperative Governance and Traditional Affairs (COGTA) represented by the Director: General Mrs Barbara Mgutshini.

Looking at developing the area, Cllr Dr Musa Ngubane, reminded those attending the meeting that the relations between China and South Africa are not new. “Amajuba District Municipality is part of Africa, South Africa and situated in the beautiful and investor-friendly province of KwaZulu-Natal. We are part of a long history with the people of China, starting from the years of our liberation struggle. China and its people played a crucial and highly appreciated role in the liberation of our country. The people of China sacrificed much for South Africa to be free, and this is recorded in the hearts and the history books of the world.”

Therefore, he emphasised bilateral dealings between Amajuba District Municipality and the Wudi County forms an integral part of the continuation of this long cordial and revolutionary relationship, started by their forebearers. “We applaud the cementing of this relation by our current leadership which is capably led by His Excellencies Mr Cyril Ramaphosa and Mr Xi Jinping,” said Mayor Ngubane.

Cllr Dr Musa Ngubane also emphasised that the partnership should be beneficial to all involved and be within the confines of the respective countries’ laws. “The social stability that prevails in our area brings about a conducive environment for the investors from the two municipalities to do business.”

According to Cllr Dr Ngubane, the following are a priority in the two country’s dealings:

  • Create a win-win relationship that will benefit our people.
  • To always respect, uphold and work within the confines of the Constitutions, laws and regulations of our two municipalities.
  • To strive to create and develop entrepreneurship which will see our business role-players seizing the growth opportunities that will form part of the initiative.
  • The creation of decent jobs that restores and maintains the dignity of employees,
  • To create an institutional capacity that will coordinate, facilitate and report on the plans and specific projects that will form part of the win-win relationship.

As it stands, this, by all external appearances, will serve the local communities for many years to come, if executed correctly. While we await the developments therein, what are your thoughts on the matter?

Share your views with us in the comment section below.

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