Mr Wang Hongren, vice president ofr China's Hebei Iron and Steel Group.
MBOMBELA – The provincial government welcomed a delegation from South Africa’s BRICS partners to the province last week.
Chinese steel giant, Hebei Iron and Steel, made a short visit to Mpumalanga on Thursday. Company representatives accompanied by other businessmen were on an investment-seeking trip to the province.
Mr David Mabuza.
This followed a visit to China by premier Mr David Mabuza in June, where a Memorandum of Understanding (MoU) was signed with the Chinese province of Hebei. Last week there was not much in the line of information to share with the press, as the Chinese wouldn’t say what they might be considering.
It did however transpire that Mr Yang Ming, chief financial officer of China-based polysilicon manufacturer, Daqo New Energy, may or may not be considering putting up a solar-power station in the province. He said the province where the sun rises seemed ideal for a such a venture.
Mr Yang Ming from Daqo New Energy.
Mabuza could say that they discussed possible investments in other areas including agriculture, education and health and manufacturing.
The visit formed part of his pledge to seek international investment in the province. His government has established MoUs with Italy so far this year.
Hebei Iron and Steel owns an almost 60 per cent interest in Palabora Mining Company in Limpopo.
The premier said Steve Tshwete Municipality in Nkangala District was most likely to benefit from steel investments.
“They have an interest in investing especially in the steel sector, a steel plant in Steve Tshwete Municipality will see more than 10 000 jobs being created. We are going to give them our undivided attention in this regard.”
The premier undertook to send a delegation to China to pursue certain areas of particular interest to him, such as a doctor-and-student exchange programme.
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He added that improving manufacturing was not the government’s mandate, but that of small businesses and linking them with Chinese investment was.
“As a government, we are going to make it possible that the environment is conducive for the business people to partner and do business with them.”
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