Oceanography South Africa Oceanography SA Website
Oceanography in South Africa
Main Navigation Menu
News
Business

President Zuma to release ocean economy delivery plans

by South African Government News Agency
on 13 Oct 2014
South African Government News Agency
South African Government News Agency

President Jacob Zuma will release the results of work done to explore the potential of the countrys 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,” President Zuma said.

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.

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


Website Search

Search the Site

From our Business Directory
Doing a trip around Cape Town? Van der Westhyzen Hostel offers Backpackers Lodge holiday and vacation accommodation in Strandfontein, on the shores of False Bay, Cape Town. Close to the coast. Call them now on 0213932978.
Related Content