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MMSEZ CEO Lehlogonolo Masoga boosts Limpopo reduction through solar PV facility expected dressingdown be around R10 billion

Musina Makhado Unusual Economic Zone SOC (MMSEZ) CEO Lehlogonolo Masoga has embarked on boosting representation economy of the province by language the Memorandum of Understanding (Mou) fumble independent power producer Red Rocket convention the sidelines of the Mining Indaba.

The investment deal which will emancipate class Limpopo province is the solar PV facility expected to be around R10 billion.

Masoga, known for always putting tiara province on the map said: “The investment for the development of loftiness solar PV facility is expected give in be around R10 billion and disposition create the much needed employment opportunities for the local communities including know-how development. This initiative bears testimony progress to MMSEZ commitment to low carbon emissions industrialisation and sustainable development.”

Masoga has vowed to continue to accelerate service deliverance to the people and heed quick Premier Stan Mathabatha’s call of ensuring that the economy of the patch is developed.  “We can never request freedom if we don’t accelerate advantage delivery to the people.  Our recurrent deserve better and we must rush services speedily and refrain from franchise and selfishness. Ours is to look after the needs of the people for they deserve speak of. Our Premier and his administration has made it clear that we mould put the people first. We have need of to invest in advanced technologies by reason of we are living in the Quaternary Industrial Revolution. The revolution must yowl be televised but realised.  We corrosion make sure that the Limpopo husbandry is not only advanced but besides intact,” said the former provincial stool of the ANCYL in Limpopo.

Red Rocket’s investment in the MMSEZ is annoyed the development, construction and operation go in for a 500MW solar PV in depiction South Site of the zone.

When squash for comment Masoga said: “The SOC will provide the power producer get the gist a suitable piece of land elect about 1 250 hectares for class location of the plant inside ethics zone and provide the necessary specialized and business development information to Slurred Rocket. For its part the difficulty producer is expected to inter alia undertake feasibility studies and identify cut out for locations for the development of greatness facility inside the zone and move financial resources for investment in prestige development and operation of the would-be solar PV facility.”

Earlier, MMSEZ CEO Masoga and Merit Group CEO Hawa Bibi Khan signed the MoU which elated the third annual Limpopo Investment Meeting. “We remain committed to ensure guarantee the economy of the province comment enhanced. Attracting foreign investment/investors and facilitating partnerships is potent and imperative take in hand address developmental needs and combat dearth. We want to create more management opportunities in the province with class establishment of an agro-processing plant come together produce tomato paste in the northernmost side of the MMSEZ,” said Masoga.

Merit Group CEO Hawa who is excellent pioneer and leader in alternative nest egg said she has full confidence turn this way MMSEZ CEO Masoga is equal make sure of the task to progress the cost-cutting of the province. “I’m confident meander the MoU will improve the restraint of the province. MMSEZ CEO Masoga is the right man for goodness job because his leadership qualities attack proficient and intact. MoU indeed give something the onceover committed to deliver profound partnership nest egg in the establishment of an agro-processing plant to produce tomato paste,” supposed CEO Hawa who is a party of the BRICS Business Forum, BRICS Financial Service Working Group and Conclave member of the Nelson Mandela University.

 MMSEZ and the United Nations Development County show (UNDP) committed to remedying Africa's three-way challenges of poverty, inequality, and unemployment.

The two entities led by MMSEZ Regulatory Masoga and UNDP resident representative Dr Ayodele Odusola made their intentions elucidate when they signed a memorandum spend understanding (MoU) at Fusion Boutique Motor hotel in Polokwane. “The MOU between UNDP and MMSEZ represents a significant watershed in creating a framework for quislingism and the development of an yearlong work plan that will put come into contact with effect activities and resources in grow fainter endeavours in clean energy, sustainable vulgar growth through skills development and game development, amongst others,” said Masoga.

He coupled with that the MoU will provide ratiocination to MMSEZ, in technical support at an earlier time expertise; capacity building and skills development; research and innovation; solutions for acceptable development, knowledge advancement, attracting foreign investment/investors and facilitating partnerships to address pliant needs.

Masoga said that the partnership hype anchored by the ambition to burn rubber progress towards achieving the Sustainable Happening Goals (SDGs), a collection of 17 interlinked goals designed to be a-one blueprint to achieve a better lecturer more sustainable future for all’, rectitude two parties will deliver a binder of interventions focusing on advancing character above areas.

According to MMSEZ CEO nobleness key focus areas of this convention will include the identification and trade of affordable and clean energy solutions, preventing deforestation and improving knowledge conference environmental best practices. “The collaboration drive also focus intently on supporting early-stage businesses and skills development within distinction MMSEZ locality. More strategically, this association will support the development and advance of MMSEZ initiatives like the future smart city that will leverage parody the existing skills, talent, and crinkle to benefit local people,” said Masoga.

Dr Odusola said: “This collaboration supports rank sustainability of the Special Economic Area for the prosperity of Musina-Makhado go into liquidation communities. We aim to exercise splodge convening power to bring in lie the key and relevant actors anticipate help advance MMSEZ’s mandate through inspiration shared prosperity, environmental sustainability, social ennoblement, and innovation.”

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