President Zuma to Open the Western Cape Invest SA One Stop Shop

7 September 2017
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African Media Agency (New York)
press release

The centre, which is the first regional centre to be opened, aims to provide strategic guidance, reduce regulatory inefficiencies, and reduce red tape for all investors looking to invest in the Western Cape

PRETORIA, South Africa, September 7, 2017,-/African Media Agency (AMA)/- President Jacob Zuma will tomorrow, 08 September 2017, officially open the InvestSA One Stop Shop Western Cape branch in Cape Town.

The centre, which is the first regional centre to be opened, aims 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.

The event will take place as follows:

Date: Friday, 08 September 2017

Time: 10h00

Venue: InvestSA Western Cape, Cape Sun Hotel, Cape Town

Members of the media should send their names and ID/Passport numbers to Proffesor@Presidency.gov.za or 079 891 2782. Members of the media are also requested to present their valid press cards at the point of entry to access the venue.

Distributed by African Media Agency (AMA) on behalf of Republic of South Africa: The Presidency.

Source: Republic of South Africa: The Presidency

Read the original article on AMA.

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