Inclusive growth a potent weapon against inequality – Davies

South Africa does not need to look further for a solution to addressing poverty, inequality and unemployment: promoting inclusive growth. Minister of Trade and Industry, Dr Rob Davies, said this when addressing a two-day Export Strategy Conference of China’s electronics manufacturer, Hisense, in Cape Town.
Davies said industrialisation and infrastructures development are critical elements of inclusive growth. “For us as a country, Industrialisation is fundamental and we need to move-up the value chain. Infrastructure is necessary to support and underpin industrialisation. It can also be a basis to support industrial development, because infrastructure rollout programmes create demand for news factories. We also need to support new innovative technology coming to our country and transferring those technologies to our people. I believe that these elements will enable us to reach an inclusive growth,” he explained.