Local manufacturing expo to bolster exports, economy
Date: Sep 11, 2018
The South African Capital Equipment Export Council (SACEEC) will host its inaugural Local Manufacturing Expo next year, to showcase local manufacturing capabilities and bolster the country’s economic growth, SACEEC CEO Eric Bruggeman told attendees at a presentation during Electra Mining, on Monday.
The expo will be held from May 21 to 23 at the Nasrec Expo Centre, in Johannesburg.
It is being organised in conjunction with trade exhibition organiser Specialised Exhibitions Montgomery and has been endorsed by the Premier of Gauteng.
Bruggeman emphasised that SACEEC, as part of its mandate to assist capital equipment manufacturers to export globally, pursued the establishment of the expo to facilitate opportunities for local manufacturing companies amidst a bleak economic environment.
Citing statistics that depict a negative snapshot of the country – a lamentably high unemployment rate, a contraction in gross domestic product, and worrying poverty rates, to name a few – Bruggeman posited that the only way to employ people in the country is through local manufacturing or growing the agricultural sector.
