Public, private sector needed to help rebuild KZN following unrest
The deputy board chairperson of the Durban Chamber of Commerce says the joint strength of the private business sector and provincial government is more critical than ever if KZN is to rebuild following the unrest in July.
The widespread looting and damage to property cost the province than R24 billion and an estimated 45 000 jobs.
A Memorandum of Understanding was signed in Durban on Wednesday between the UN and the KwaZulu-Natal government to help communities and entities affected by the riots in July.
Speaking at the event, the Durban Chamber of Commerce’s Gladwin Malishe said they'd identified five key areas to help revive the province's economy.
"The first pillar is safety and secure environment. This is the pillar that will develop the trust between the private sector and the public sector.
"Pillar number two are the identification of the priority catalyst project.
"Pillar number three is a rapid provision of bulk services, including planning approvals. Pillar number four is infrastructure development budget allocation.
"Finally, restoring investor confidence would be critical for the rebuilding of our economy."
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