SA scoops investment awards in Dubai

The Deputy Minister of Trade and Industry, Mzwandile Masina
The Deputy Minister of Trade and Industry, Mzwandile Masina

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Deputy Minister Masina says the IORA awards are an honour for SA.

Pretoria – South Africa has won two awards at the second Indian Ocean Rim Association (IORA) Ministerial Economic and Business Conference, in Dubai.

Deputy Minister Masina received two awards on behalf of the Department of Trade and Industry and InvestSA which was presented by UAE Minister of Economy, Saeed Al Mansoori.

The organisations won the runner-up for best investment project facilitated in the Southern African Region and third prize for investment agency in the IORA.

Deputy Minister Masina said the awards are a vote of confidence in South Africa as an investment destination of choice and its ability to facilitate such investments as a government.

The conference is being held under the theme “SMEs and Innovation investing in a Sustainable and Inclusive Future”.

The Deputy Minister is also leading a delegation to the Annual Investor Meeting (AIM) which focuses on Foreign Directives Investment (FDI) attractiveness, best practise, global hot spots and future FDI destinations.

The meeting will be hosted under the patronage Sheik Mohammed Bin Rashid Al Maktoum, United Arab Emirates (UAE) Vice President, Prime Minister and Ruler of Dubai.