Page 50 - Msingi Afrika Magazine Issue 23
P. 50
Leadership
Economy
Musina- Makhado:
Economic Integration and Mineral
Beneficiation for SADC
WHY DO IT? through mineral beneficiation on synthetic fertilizer.
M usina- Economic and mineral resources. The This economic hub is vital for
and value addition in agriculture
Makhado
a number of critically important
will
Special
sector
manufacturing
Zone (MMSEZ) is
a proposed industrial park in produce processed metals such reasons. It will serve as a
as steel, petro-chemicals and
catalyst for economic growth
South Africa, designated with plastic production (processing for the entire SADC region
tax incentives as a special of oil) as well as OEM`s (original .Achieving of United Nations
economic zone (SEZ). It is equipment manufacturing) Sustainable Development Goals
an initiative of the Limpopo which is producing component on poverty reduction cannot
Province provincial government parts for other industry sectors. be achieved without African
and the flagship project of the Petro chemicals are needed to economies manufacturing on
SADC Industrialization Strategy produce fertilizers. In 2022, an industrial scale including in
in conjunction with the African South Africa imported US$1.51 that processing of agricultural
Union Agenda 2063. The aim billion worth of fertilizer. The products and processing of
is to promote industrialization security of food supply depends mineral resources which is
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