/ 30 June 2011

Tshwane’s Ramokgopa off to woo investors in US

Tshwane mayor Kgosientso Ramokgopa leaves for the United States on Saturday to try and attract investments which could prompt job creation.

He was “going to present concrete projects and proposals to companies there”, said his spokesperson Console Tleane.

These projects included the Smart City project to enhance the city’s technological infrastructure, and the Rainbow Junction project to develop the area northwest of the city centre.

Tleane said the city wanted to raise R500-million in local and international investments to fund the creation of 38 000 jobs in the 2011/2012 financial year

Ramokgopa said the city chose the US because it was a huge investor in South Africa and because the City of Tshwane had existing relations with Washington.

He leaves for Washington DC, New York and San Francisco on Saturday and returns on July 12. — Sapa