The Vaal Special Economic Zone (SEZ) is set to significantly boost economic growth in Gauteng's Sedibeng district and South Africa at large, capitalising on its strategic location and sectoral diversity.
According to Xola Sithole, CEO of the Vaal SEZ, the goal is to attract both domestic and foreign investment, aiming to transform the southern corridor into a vibrant industrial hub.
“We have adopted a multi-sectoral, multi-site approach that not only drives local growth but also positions Gauteng as a pivotal player in the national and global economy,” he told Freight News.
The SEZ is strategically positioning itself in the burgeoning hydrogen economy, signalling its commitment to sustainable energy.
This initiative not only places it at the forefront of green energy but also promises substantial economic growth and job creation for the local community.
“Our objective is to excel in sustainable energy solutions and establish the region as a leader in the green energy revolution,” Sithole said, emphasising that the Vaal SEZ site in Rietspruit, Emfuleni, would house a Hydrogen Innovation Hub currently in conceptualisation.
- Read the rest of this article in our Freight Features edition of "Gauteng."
