Group looks at investment options

Canaan Mdletshe

An Italian government delegation, led by the under-secretary of state for international commerce, Mauro Agostini, met the KwaZulu-Natal government yesterday to discuss investment opportunities in the province.

The meeting was also to look into whether Durban would be a good training base camp for world soccer champions Italy.

Ndebele said the Soccer World Cup in South Africa in 2010 would mean a lot of things to the country."Never in the history of South Africa had a single sporting event so focused the minds of our people as the 2010 Soccer World Cup has."This is the event that will bring this country and the province to the forefront of the world stage, with millions of viewers across the globe focused on the unfolding drama," said Ndebele.Ndebele said KwaZulu-Natal had the climate and the facilities. "The fundamental question is how this event can be harnessed to bring about long-term sustainable socioeconomic advantages to the province."As a country, we are already spending billions of rands to provide infrastructure necessary to host the countries that would be participating," said Ndebele.Agostini said his delegation was in the country and the province to look at investment opportunities. "We are looking at improving the economic and commercial cooperation between your country and ours." He said KwaZulu-Natal was very important for investment."Our government and Italian companies are looking at this province for long-term investment."He said a strong Italian delegation comprising senior government officials and leaders of big companies would visit South Africa in July to look at forging more links. country.

"Never in the history of South Africa had a single sporting event so focused the minds of our people as the 2010 Soccer World Cup has.

"This is the event that will bring this country and the province to the forefront of the world stage, with millions of viewers across the globe focused on the unfolding drama," said Ndebele.

Ndebele said KwaZulu-Natal had the climate and the facilities.

"The fundamental question is how this event can be harnessed to bring about long-term sustainable socioeconomic advantages to the province.

"As a country, we are already spending billions of rands to provide infrastructure necessary to host the countries that would be participating," said Ndebele.

Agostini said his delegation was in the country and the province to look at investment opportunities.

"We are looking at improving the economic and commercial cooperation between your country and ours."

He said KwaZulu-Natal was very important for investment.

"Our government and Italian companies are looking at this province for long-term investment."

He said a strong Italian delegation comprising senior government officials and leaders of big companies would visit South Africa in July to look at forging more links.

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