SOWETAN, FUND PLANS TO GROW ECONOMY
SOWETAN, Business Page 13
THE National Empowerment Fund (NEF) has crafted a range of development plans valued at R25-billion in order to propel economic growth. NEF executives are currently in the US to present these plans to various financiers for the purpose of mobilising foreign direct investment into South Africa through the NEF's Strategic Projects Fund, says chief executive Philisiwe Buthelezi. Buthelezi says these greenfield projects are located across various sectors of the economy and include tourism, mining, minerals beneficiation, agri-processing, renewable energy, business process outsourcing and infrastructure development.
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