MEC announces a Gauteng regional development summit

Gauteng Financial Services Summit set to become a key driver for regional development. The inaugural Gauteng annual financial services summit takes place on 17 May, bringing together senior members of the provincial government and key financial services sector heavyweights for a frank and robust discussion about the future of the region.

The event is organised through a partnership between the Gauteng Department of Finance, Regiments Capital, Deloitte and Masake Communications. The summit will serve as a platform for the Department of Finance to unpack its long-term projects. “It will give the private sector a unique opportunity to contribute towards innovative and creative thinking on the investment and funding solutions needed,” Gauteng MEC for Finance, Mandla Nkomfe explains. The summit will also host the three major metros, Ekurhuleni, Johannesburg, and Tshwane to unpack their plans of major projects that contribute towards Gauteng’s Growth and Development Strategy (GDS), specifically infrastructure development.

The provincial government has taken a decision to explore alternative sources of funding to deal particularly with the challenges of infrastructure investment and service delivery. “We believe that through partnership, the government and the financial services sector can score major successes in economic growth, financial inclusion, employment and infrastructure modernization,” concludes Nkomfe

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