JOHANNESBURG, March 31 (Xinhua) -- The sixth edition of the South African Investment Conference opened on Tuesday at the Sandton Convention Center in Johannesburg, bringing together more than 1,000 delegates from over 50 countries and regions to explore investment opportunities.
Addressing the event, South African President Cyril Ramaphosa said the conference provides a platform to showcase the country's investment potential and connect investors with concrete opportunities.
Noting the global economic uncertainty persists due to Middle East tensions, he said South Africa presents "a favorable proposition as a resilient, credible and reform-oriented investment destination."
The conference is held under the "three Ds" framework -- decarbonization, digitization, and diversification -- with improving the ease of doing business as a cross-cutting priority, the president said.
Ramaphosa said the first five editions of the conference, held between 2018 and 2023, secured 1.5 trillion rand (about 88.4 billion U.S. dollars) in verified investments, exceeding the 1 trillion-rand target.
"We are a country in the throes of reform. We are creating the conditions for investment-led growth that is broad-based, inclusive, and durable," he added.
