SAPCC SIGNS MOU WITH TEDA
TEDA intent to position the City of Tshwane as a preferred investment destination for Portuguese companies...
In October 2018, the two organisations signed a Memorandum of Understanding (MOU) to work together in the areas of investment promotion and economic growth. The MOU was signed between Mr. Solly Mogaladi, Chief Executive Officer of the Tshwane Economic Development (TEDA) and Mr. Rui Marto, Executive Director, South African Portuguese Chamber of Commerce (SAPCC).
The MOU covers the principle terms of collaboration between the parties to support the Tshwane Economic Development Agency’s intent to position the City of Tshwane as a preferred investment destination for Portuguese companies, in order to strengthen the City of Tshwane’s competitiveness in attracting foreign direct investment (FDI) and creating jobs.
Under the MOU, SAPCC will work with the relevant Portuguese organisations and investors to collaborate with the Tshwane Economic Development Agency to conduct trade & investment missions (both inward and outward), investment seminars, business networking events and market-entry and in-market business development for Portuguese companies, which will contribute to increased investments and economic growth in Tshwane.