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Limpopo's growth is on track

By unknown | Nov 20, 2006 | COMMENTS [ 0 ]

Edward Maahlamela

Edward Maahlamela

Despite Limpopo's high level of poverty and unemployment, economic growth is on track.

This was the message to delegates at the Private-Public-Partnership (PPP) seminar in Polokwane on Thursday.

Joyce Mashamba, Limpopo's MEC for the treasury, said the province had huge untapped opportunities.

She said Limpopo was determined to improve its economic performance.

"Our province is one of the largest food producing regions with high biodiversity resources, it attracts tourism and has valuable mineral reserves."

Mashamba said: "Despite the fact that public spending has increased over the past five years, we are increasingly concerned that many of our people still have not seen the benefit of the significant rise in public spending and the growth of the economy."

She said that the country faces a huge challenge in sustaining economic growth, of public spending and of widening participation of all sectors of the community.

PPP combines expertise and resources in public and private sectors and manages it in a way that accelerates service delivery. Limpopo has three completed PPP projects and two in the pipeline.

Unit head in the national treasury, William Oachs, said: "If we continue working hard and at this pace, we will create more jobs for poor people."


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