South Africa overlowing with investment opportunity
“South Africa remains a sound investment destination, presenting lucrative opportunities,” South African Ambassador to Korea Nozuko Gloria Bam said in a speech at the chamber building in Seoul on Thursday."
“We have sound economic policies, a business-friendly environment and regulations, world-class infrastructure, easy access to markets, competitive costs and ease of doing business, cutting-edge technologies, industrial strengths and global competitiveness.”
In agriculture, the province produces a rich variety of fruits and vegetables, such as mango, watermelon, apple, avocado, citrus, potato, macadamia nut and tomato.
Noting that her country is Korea’s largest trade partner in Africa and Korea is South Africa’s fourth-largest partner in Asia, the envoy said the two can expand cooperation in the oceans economy through South Africa’s Operation Phakisa initiative, aimed at unlocking the potentials of the sea.
Source: koreaherald.com
