SA offers $3.5bn investment opportunity for Brics nations – NEF, Polity.org.za – Polity
SA offers $3.5bn investment opportunity for Brics nations – NEF, Polity.org.za – Polity
Investment opportunities for fellow Brics nations in infrastructure development and industrialisation in South Africa were valued at over R33-billion, or $3.5-billion, National Empowerment Fund (NEF) CEO Philisiwe Mthethwa told delegates on the opening day of the fifth yearly Brics Summit, in Durban, on Tuesday.
This was the result of several “deals” created by the NEF to seek competitive opportunities for the South African economy and ensure black participation in the early stages of projects, as opposed to during equity closure.
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