Finland may invest in maritime sector

2013-06-15 20:01


Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Hameenlinna - Finland could possibly invest in South Africa's maritime sector, International Relations Minister Maite Nkoana-Mashabane said on Saturday.

"We are looking at inviting them to come into the maritime sector, particularly ship building, which is run by the private sector," she said in an interview in Finland.

"So in the sector that we are opening up for South Africa, we will be encouraging ship building, ship maintenance [and] boat manufacturing..."

Finland and South Africa enjoy good relations, and Mashabane was in the country this weekend to strengthen ties between the two nations and further cement the relationship.

Finland was described as a reliable and dependable partner.

"The good thing about Finnish investors is that when they come, they stay and they don't come small," she said.

"They are very rich in architecture, designs and in technology."

Finland's Foreign Affairs Minister Erkki Tuomioja said the opportunity sounded interesting.

He said Finland had a wide range of maritime experts that could be of great use to South Africa.

Read more on:    maite nkoana-mashabane  |  finland

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Financial advisors – Do you need one and should you get one?

The good, the bad, and everything else you need to know when considering hiring a financial advisor.


Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.