Ceylon Chamber seminar on investing in South Africa | Sunday Observer

Ceylon Chamber seminar on investing in South Africa

The Ceylon Chamber of Commerce organised a presentation on the theme ‘Explore South Africa’, for the private sector business community recently.

The event featured South African High Commissioner R.P. Marks, and two representatives of South Africa’s Department of Trade and Industry.

The High Commissioner outlined the services offered, South Africa’s focus areas, and how their government would facilitate trade and investment from Sri Lanka.

“We don’t focus on the region, we focus on the sector across the country,” she said. “The sectors we focus heavily on are green, service-based, resource-based, in manufacturing, and advanced manufacturing industries. We will invite key companies to South Africa that we think would make a difference.”Chief Director of Investment Promotion at Invest South Africa, Ambassador Sadick Jaffer outlined the benefits of investing in their country.

He said that South Africa had the most developed economy in the region, and had a robust democracy, press and judiciary, making it attractive to foreign investors.