Davos South Africa
President Jacob Zuma holds bilateral talks with Founder of WEF Proffesor Klaus Schwab at the World Economic Forum (WEF) in Davos Switzerland. DoC

Home » Pres Zuma satisfied with SA’s participation at WEF

Pres Zuma satisfied with SA’s participation at WEF

President Jacob Zuma has returned to Pretoria on Saturday upbeat and satisfied with the outcome of South Africa’s participation at the World Economic Forum (WEF) annual meeting in Davos-Klosters, Switzerland. The President led a seven-minister delegation, where they promoted South Africa as a key destination for foreign direct investment and development partnerships. The President attended […]

By SAPeople Contributor
07-01-21 00:39
in Events
Davos South Africa
President Jacob Zuma holds bilateral talks with Founder of WEF Proffesor Klaus Schwab at the World Economic Forum (WEF) in Davos Switzerland. DoC

President Jacob Zuma has returned to Pretoria on Saturday upbeat and satisfied with the outcome of South Africa’s participation at the World Economic Forum (WEF) annual meeting in Davos-Klosters, Switzerland.

Davos South Africa
President Zuma and his wife Mrs Bongi Zuma share a light moment with former US Ambassador to South Africa William Swing and his wife Yuen Cheong Swing at a dinner held at the WEF. Source: DoC
Davos South Africa
South African flag flying high amongst other nations’ flags in Davos, Switzerland ahead of the WEF meeting. DoC

The President led a seven-minister delegation, where they promoted South Africa as a key destination for foreign direct investment and development partnerships.

The President attended successful interactive sessions with both global and South African business executives who expressed interest in various areas such as infrastructure development in particular energy, transport, broadband as well as mining, agro-processing, manufacturing and other sectors.

The Ministers accompanying the President also participated as panellists in several sessions, and shared the South African story of progress and readiness to meet the challenges that face the country through implementing the National Development Plan.

“The investors heard our message. They understood us very well that where there are challenges, we have plans to remedy the situation, for example the energy shortage in the country that we are attending to through an infrastructure build and maintenance programme.

“They heard us when we said we want to see a stronger mining sector and a transformed mining sector hence the need to revitalise mining towns and communities.

“We are happy that South African business was able to echo our message in Davos, making it clear to all that we do talk and work together. We are building our country, and will continue to make progress. We made the point strongly that any wise businessperson would really want to have a presence in South Africa,” said President Zuma.

On Thursday, 22 January, President Zuma held bilateral meetings with John Key, the Prime Minister of New Zealand and also with Mark Rutte, the Prime Minister of the Kingdom of the Netherlands.

The talks contributed to further enhancing the good relations that exist between South Africa and the two countries.

Source:SAnews.gov.za

Tags: Europe