In search of partnerships, investment Durban meets Europe

In search of partnerships and billions of dollars in investment, Russell Curtis of Invest Durban embarked on the most ambitious investment roadshow in eThekwini and KwaZulu-Natal's history. The journey took the team to Newcastle, as they responded to an invitation from the north-east England Chamber of Commerce and Industry, the Newcastle Town Council, and County Durham authorities to reciprocate the visits made to Durban and KwaZulu-Natal. The aim was to build on the similarities between the two regions, focusing on shared infrastructure such as port and maritime logistics, road and rail history, and manufacturing automotives. The outcomes of the meeting included engagements with various mayors and leaders, tours of industrial and port facilities, and exchanges of economic learnings. The trip emphasized the importance of leveraging strengths, learning from each other, and fostering partnerships for trade and investment. Celebrating culture and historical ties was also a key aspect of the visit, highlighting the rich heritage shared between the regions. Durban showcased a range of flagship projects during the roadshow, including significant investments in manufacturing, tourism, and industrial assets. The city's development projects are open to international investment, as Invest Durban recognizes the need for external partnerships to drive growth. Curtis emphasized the city's openness to collaboration, acknowledging that local resources alone are not sufficient to realize the full potential of these projects. Addressing concerns raised during the roadshow, Curtis touched upon issues such as Black economic empowerment and land ownership. He reassured potential investors that the government is committed to operating within the confines of the law and ensuring the participation of local communities in developmental initiatives. By clarifying these points, Invest Durban aimed to dispel any uncertainties and create a conducive environment for foreign investment. Overall, the investment roadshow served as a platform to strengthen ties between Durban and European partners, laying the foundation for mutually beneficial collaborations and economic growth. The journey was not just about business deals; it was a testament to the cultural exchange and shared history that unites regions across the globe. With a focus on innovation, collaboration, and inclusive growth, Invest Durban is poised to drive the next phase of development in eThekwini and KwaZulu-Natal.