15-11-2013, 12:08 PM
The Department of Trade and Industry’s (dti) Manufacturing Competitiveness Enhancement Programme (MCEP) has helped to sustain over 100 000 jobs since its inception in May 2012.
“The programme has approved 436 entities with the investment value of R13.1 billion and helped to sustain 116 497 jobs throughout South Africa since its inception,†dti Minister Rob Davies said.
The programme offers incentives designed to drive growth and promote competitiveness in the manufacturing sector. It includes a package of incentives specifically designed for established manufacturers with the aim of promoting competitiveness and retaining jobs.
Speaking at a stakeholder engagement that was held to advise how best companies can benefit from the programme, Davies said that embracing green manufacturing and the opportunities offered by the green economy can assist industries to stay competitiveness.
The green economy is one of the six key job drivers identified in the New Growth Path.
“One of the key components of MCEP is the Green Technology and Resource Efficiency Improvement. The objective of this component is to support projects with green technology upgrades and business development activities that will lead to cleaner production and resource efficiency,†said Davies.
The South African manufacturing industry can gain a competitive edge and increase exports by encouraging and supporting green economy processes in the sector.
“Out of the 436 entities that have been approved since the launch of the MCEP, 26 entities are green manufacturing related. Large export oriented companies that have been at the forefront of investment in green manufacturing have projected an investment to the value of R727.4 billion and that 43 784 jobs will be sustained as a result of these investments,†explained Davies.
MCEP provides the framework for improved competitiveness by offering key benefits to help businesses meet challenges relating to poor market demand, high input costs (including electricity and transportation) cheap imports and economic uncertainty. – SAnews.gov.za
“The programme has approved 436 entities with the investment value of R13.1 billion and helped to sustain 116 497 jobs throughout South Africa since its inception,†dti Minister Rob Davies said.
The programme offers incentives designed to drive growth and promote competitiveness in the manufacturing sector. It includes a package of incentives specifically designed for established manufacturers with the aim of promoting competitiveness and retaining jobs.
Speaking at a stakeholder engagement that was held to advise how best companies can benefit from the programme, Davies said that embracing green manufacturing and the opportunities offered by the green economy can assist industries to stay competitiveness.
The green economy is one of the six key job drivers identified in the New Growth Path.
“One of the key components of MCEP is the Green Technology and Resource Efficiency Improvement. The objective of this component is to support projects with green technology upgrades and business development activities that will lead to cleaner production and resource efficiency,†said Davies.
The South African manufacturing industry can gain a competitive edge and increase exports by encouraging and supporting green economy processes in the sector.
“Out of the 436 entities that have been approved since the launch of the MCEP, 26 entities are green manufacturing related. Large export oriented companies that have been at the forefront of investment in green manufacturing have projected an investment to the value of R727.4 billion and that 43 784 jobs will be sustained as a result of these investments,†explained Davies.
MCEP provides the framework for improved competitiveness by offering key benefits to help businesses meet challenges relating to poor market demand, high input costs (including electricity and transportation) cheap imports and economic uncertainty. – SAnews.gov.za