SOUTH AFRICA’S Ministry Trade and Industry will this week hold investment events in China to woo investors for the country’s special economic zones.

The delegation led by the country’s Deputy Minister of Trade and Industry Bulelani Magwanishe will hold road shows in Shanghai from Saturday to the end of the month. They will hold workshops where the South Africans will present opportunities in the special economic zones and incentives.

“The road show seeks to attract potential investors in different sectors to invest in our special economic zones. The targeted audience will include investors, Chinese finance institutions and government representatives,” said Magwanishe.

The South Africans delegation will also conduct a benchmarking exercise for the country’s special economic zones by visiting thriving special economic zones in China for knowledge sharing.

Magwanishe said the road show is meant to bring together high-level local and international investors to entice their appetite to invest in the country.

“In order to have vibrant special economic zones and competitive regional economies, it is necessary to continuously implement a systematic marketing and investment approach for various special economic zones in South Africa,” said Magwanishe.

Magwanishe said the South African government wants to use the special economic zones to industrialize the country.(Xinhua)