Govt lauds Chinese investment

Monday, October 18, 2010

Pretoria - Government has welcomed the investment by the Chinese company Huawei Technology in South Africa's human capital.

Huawei Technology has established one of its few research and development facilities in South Africa through which South Africans are able to access employment opportunities in addition to benefitting from skills development programmes.

"Government welcomes the company's investment in South Africa including foreign direct investment and well as the company's contribution to the country's human capital. We also encourage Huawei Technology to use South Africa as a gateway to access the region and indeed the continent," Home Affairs Minister Nkosazana Dlamini Zuma said on Sunday.

Dlamini Zuma is in China to attend the closing of the South African Pavilion at the Shanghai Expo. The Expo has highlighted the vibrancy of the economy and demonstrated that South Africa is open for business.

Minister Dlamini Zuma will later today present the keynote address at the official closing event.