Export on the forefront in creating jobs for KZN

Issued by Hypenica

1 Sep 2016

"Exporting creates many opportunities for the economy and offers the advantages of a larger market with greater economies of scale, it provides an opportunity to grow and sustain business operations and it enables a region to attract investments and new business, thereby creating employment opportunities." This is according to Trade Invest KwaZulu-Natal's Executive Manager for Export Development and Promotion, Mr Lester Bouah.

Export on the forefront in creating jobs for KZN

Bouah continues saying a strong international trade sector is critical to jobs growth and to a strong and competitive KZN economy. “It is essential, especially during difficult economic conditions, to encourage new entrants and to help existing exporters grow their businesses and develop new markets”.

Emerging exporters, existing exporters and seasoned exporters will all gather at the Durban International Convention Centre from 17 - 21 October 2016 to learn, network and discuss export and trade opportunities.

Co-located with African Ports Evolution, Export Week KZN will recognise, promote and assist with growing export opportunities in the province, giving export ready businesses a platform to enhance their international business development strategies and to help meet the critical educational and mentoring needs of KZN SMEs engaged in international trade.

Being the second largest provincial contributor to South Africa's GDP after Gauteng and boasting the highest export propensity and the highest level of industrialisation in the country, the economic structure in KwaZulu-Natal (KZN) is based on a large manufacturing sector in which growth is driven by various industries. KZN's emergence as a hub of industrial development in sub-Saharan Africa may be attributed to its unmatched natural resource endowments, exceptional productive capacity, well-developed first-world infrastructure and advantageous coastal location.

According to the event organiser, Ms Athi Myoli, the 2016 programme will give exporters direct access to businesses that are looking for trade partners and associations who can help them to reach new markets. Myoli says the event will host some of the top business minds who will share their tips and stories on how to build a global business.