SA encourages Italy to invest in agro-processing

A cow is pictured up close. AFP PHOTO / DPA / BORIS ROESSLER

A cow is pictured up close. AFP PHOTO / DPA / BORIS ROESSLER

South Africa’s Department of Trade and Industry (DTI) will introduce Italian businesses to local food producers as potential partners in agro-processing plants that would add value to South African exports, it said on Friday.

The DTI is hosting a delegation from the Italian agro-processing and agro-machinery sectors as part of the inward investment mission from June 21-24.

The minister of trade and industry, Dr Rob Davies, said the purpose of the mission was to introduce Italian investors to local firms with the aim of encouraging partnerships to create new processing plants in SA and develop existing ones.

A joint DTI-Confederation of Italian Industry initiative in December identified opportunities to link Italian machinery producers with South African small and medium-sized food producers to increase food processing in South Africa and thereby add more value to SA exports.

“We believe that this mission will assist to strengthen linkages between SA and Italian companies in the agro-processing sector and to create awareness of the opportunities existing in this market in SA encouraging them to invest locally rather than just look at exporting the machinery,” Davies said.




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