THE City of Ekurhuleni will unveil a modern business network in Kempton Park, set to attract investment to the tune of R6,5 billion per annum, tomorrow.
This development will translate to increased domestic and foreign direct investment into the City, drive economic growth and bring assault to the city’s 28.8 per cent unemployment rate by creating sustainable job opportunities.
According to the city’s head of economic development, Caiphus Chauke, Ekurhuleni will pull out all stops to create a favourable business environment to attract exports too.
“We seek to develop and promote exports and the provision of aftercare services for business and investment retention and expansion,” he said.
Chauke says the business network boasts an investment and development application window, which caters for all major and strategic investment and development applications to be processed through an electronic document management system. This will provide an improved turnaround time for decision-making around investments and development proposals.
The business network is equipped with a sophisticated lobby lounge established for networking sessions with investors, developers and business at large. The facility, situated at the old Kempton Park Library on Monument Road, will also host business delegations visiting the city for potential investment and business opportunities.
The centre hosts an array of enterprise development initiatives focusing on entrepreneurship, incubation projects, innovation business support services and funding.
Chauke says the centre will champion poverty alleviation efforts, economic empowerment and township economic development through provision of economic infrastructure and market access opportunities.
“The business centre will also give focus to an individual who will walk in to get business advice and coaching. It will also offer tender advice to businesses on how to access business opportunities and how to fill in tender documents. We will also assist businesses to access opportunities from state owned enterprises and progressive blue-chip companies,” Chauke said.
The SEDA Enterprise Development Programme is home to the business network. SEDA brings a comprehensive small business development programme comprising business planning support services,
The participants will receive Microsoft internationally accredited certificates for training successfully completed.
