Pres JZ launches investment

2017-09-07 06:01

President Jacob Zuma will on Friday, 08 September 2017, officiate and address the official launch of the InvestSA One Stop Shop in Cape Town which aim to provide strategic guidance, reduce regulatory inefficiencies, and reduce red tape for all investors looking to invest in the Western Cape.

During the launch of the Government’s National Invest South Africa One Stop Shop in March 2017, President Zuma announced that government through the Department of Trade and Industry will establish three provincial InvestSA One Stop Shops in KwaZulu-Natal, Gauteng and Western Cape this year only.

“The primary aim of Provincial One Stop Shops is to co-ordinate and incorporate special economic zones, provincial investment agencies, local authorities and the relevant government departments involved in regulatory, registration, permits and licensing matters.

Other Provinces will open their One Stop Shops over a period of three years supporting also the Special Economic Zones programme.

The establishment of the InvestSA One Stop Shop initiative is one of government’s effort to improve business environment by reducing the bureaucratic red tape, lowering the cost of doing business and improving the ease of doing business in South Africa in order to create a sustainable and competitive economy,” said President Zuma.

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