09 April 2017
Minister Nkoana-Mashabane to host her Netherlands counterpart
International Relations and Cooperation Minister Maite Nkoana-Mashabane will host the Minister of Foreign Affairs of the Netherlands, Mr. Bert Koenders, on Tuesday, 11 April 2017, in Pretoria.
The visit is a follow-up on the Official Visit undertaken by the Netherlands' Prime Minister Mark Rutte in November 2015, when a Memorandum of Understanding on the establishment of a Joint Commission for Cooperation (JCC) between South Africa and the Netherlands was agreed to and subsequently signed on 19 November 2015.
South Africa and the Netherlands enjoy strong historical and cordial relations that date back to the 1600s. Between January 2003 and December 2016, a total of 50 Foreign Direct Investment (FDI) projects from the Netherlands were recorded in South Africa, representing a total capital investment of R5.49 billion, which on average amounts to R915.10 million per project. Through these projects, a total of 2,828 jobs were created.
Sectors that have been targeted for FDI Netherlands' companies include chemicals, software and IT services, business services, aerospace, communications, financial services, food and tobacco, industrial machinery, financial services and electronic components.
In turn, a total of 10 South African FDI projects were recorded in the Netherlands during the same period. The targeted sectors by South African companies in the Netherlands are: business services, coal, oil and natural gas, communication, consumer products, industrial machinery, paper, printing and packaging, plastics, software and IT services.
The Netherland has also contributed to South Africa’s tourism sector, with thousands of Dutch tourists visiting South Africa each year.
Enquiries: Mr Clayson Monyela, Spokesperson for DIRCO, 082 884 5974
ISSUED BY THE DEPARTMENT OF INTERNATIONAL RELATIONS AND COOPERATION
OR Tambo Building
460 Soutpanserg Road