South Africa, its government, people and businesses are extending a very warm welcome to leaders and delegations of the BRICS economies as they gather in Durban for their 5th annual summit on March 25-27 to discuss "BRICS and Africa-Partnerships for integration and industrialization."
As it was when it hosted one of the most memorable soccer world cups in history in 2010, all eyes will be on Africa's most sophisticated nation as leaders discuss the promotion of African infrastructure development, the establishment of a BRICS-led development bank, a BRICS think-tank and a BRICS Business Council.
During 2012, the South African government adopted the National Infrastructure Plan as part of the government's continued efforts to transform the economy by laying the foundation for growth, skills development and job creation.
South Africa's state-owned companies are playing a core role in the new growth plan. The Department of Public Enterprises, which supervises these companies, is working hard to create an efficient, competitive and responsive economic infrastructure network in line with its service delivery agreement signed in October 2010.
Regions need investors to boost growthSouth Africa's far-reaching growth and development plans are being rolled out across all nine provinces with the regional governments fully on board.
From resource rich territories and industrial bases, to unique wildlife habitats, this stunning country continues to impress investors and embodies a nation that is alive with unique possibilities.
The South African government adopted the National Infrastructure Plan to transform the economy by laying the foundation for growth.