The Tshwane Economic Development Agency (TEDA) and the Black Business Council In The Built Environment (BBCBE) announced their partnership recently, detailed in a Memorandum of Understanding (MOU).
This two plan to transform the city’s economic landscape by fostering collaboration and attracting investments.
This is planned through attracting both domestic and foreign investments, creating numerous job opportunities and stimulating economic growth in Tshwane.
The MOU also details strategic events, such as business seminars, trade fairs, and others, to foster economic development and investment in the capital city.
Operations will be in the following sectors: Transport, logistics, human settlements, energy, roads, ICT, and other infrastructure-related services.
TEDA and BBCBE will also conduct business surveys and provide data intelligence on key economic sectors, helping businesses access government incentives and expedite their development projects.
Picture: Supplied