Arab Today, arab today south africa kickstarts maritime leg of development plan
Last Updated : GMT 05:13:31
Arab Today, arab today
Arab Today, arab today

South Africa kickstarts maritime leg of development plan

Arab Today, arab today

Arab Today, arab today South Africa kickstarts maritime leg of development plan

A cargo ship and cranes in the port of Durban
Durban - AFP

South African President Jacob Zuma promised Saturday to help ramp up investment in the country's maritime industries as part of an ambitious plan to boost economic growth and cut unemployment.
"The vast ocean space is relatively unexplored in terms of its economic potential," said Zuma in the eastern coastal city Durban as he launched the first part of the project.
He has tasked government, industry and civil society experts with drawing up detailed plans to develop the country's shipping and shipbuilding, offshore oil and gas exploration, and fish farming industries.
Economic activity around South Africa's 3,900-kilometre (2,440-mile) coastline has the potential to contribute $16.6 billion (12.3 billion euros) to the country's GDP and to create up to one million jobs -- tripling current production and employment figures, said Zuma.
The proposals are part of the National Development Plan (NDP), which the government hopes will provide a framework for massive infrastructure upgrades to help improve the economy.
The plan was adopted in 2012 but attempts to implement any of the measures within it have met fierce opposition from the African National Congress' (ANC) ruling partners.
The ANC-allied Congress of South African Trade Unions (COSATU), the country's largest trade union federation, also opposes the plan, which it says will hit workers' rights.
"We feel the NDP is seriously flawed and self-contradictory," COSATU spokesman Patrick Craven told AFP on Saturday.
"We still want to see it completely redrafted."
But the ANC has touted its overwhelming victory in elections in May -- when the party won 62 per cent of the vote -- as a sign of support for the plan.
Over a quarter of the population is currently unemployed in Africa's most developed economy, which has battled to shake off sluggish growth.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south africa kickstarts maritime leg of development plan Arab Today, arab today south africa kickstarts maritime leg of development plan

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday