https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / South African News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Embed Video

President Zuma to release ocean economy delivery plans

President Jacob Zuma
Photo by GCIS
President Jacob Zuma

13th October 2014

By: SANews, SA government news service

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

President Jacob Zuma will release the results of work done to explore the potential of the country’s ocean economy at the first Operation Phakisa open day in Durban on Wednesday.

“Operation Phakisa is designed to answer that fundamental question, how do we turn our good plans into action to improve the lives of our people and to make the National Development Plan come alive,” Zuma said.

Advertisement

Four priority sectors have been selected as new growth areas in the ocean economy, which include aquaculture and offshore oil and gas exploration.

The other priority areas are marine transport and manufacturing and marine protection services and ocean governance.

Advertisement

“We have constantly lamented that we have good plans but the implementation part is a challenge. We are now focusing intensively on implementation,” Zuma said.

Operation Phakisa is an adaptation of the Big Fast Results methodology that was successfully applied by the Malaysian Government in the delivery of its Economic and Government Transformation Programmes.

Presidency spokesperson Mac Maharaj said South Africa must explore the potential that comes from being bordered by the ocean on the east, south and west.

“This vast ocean space is relatively unexplored in terms of its economic potential. In 2010, the ocean contributed approximately R54-billion to South Africa's gross domestic product and accounted for approximately 316 000 jobs,” Maharaj said.

He said an analysis was conducted of nine sectors that comprise South Africa's ocean economy.

The ocean had a potential to contribute to the Gross Domestic Product up to R177-billion.

“It also has a potential contribution of between 800 000 and one-million direct jobs,” he said.

Operation Phakisa was first launched in Durban in July with a segment focusing on unlocking growth and jobs in the country's ocean economy.

Ocean economy teams from government, labour, business and academia are tasked with working on Operation Phakisa.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za