To showcase what South Africa has to offer in terms of local production and South African capitalization, the capital goods manufacturing lobby group has launched the South African Capital Equipment Exporters Council (Saceec), together with the exhibition organizers Specialized Exhibitions Montgomery, to host a first event in South Africa – The Local Manufacturing Exhibition (LME)
The partnership aims to accelerate the transformation rate in the manufacturing industry through the incorporation of established and emerging black entrepreneurs and industrialists.
The LME will be held from 21 to 23 May 2019 at the Johannesburg Expo Center in Nasrec.
The LME, which will be a definitive event for Gauteng's industry leading role payers, wants to showcase domestic manufacturing capabilities across a range of industries, including agroprocessing; Automobile; Outsourcing of business processes; Capital resources; chemicals; Construction; Engineering; Food and beverages; Furniture; Information-and communicationtechnologies; Electronics; metals; Mining; plastics; Textiles, clothing and shoes; and transport.
It is also designed to present interactive, educational and practical platforms that enable local manufacturers to demonstrate and demonstrate their products, capabilities and capabilities.
In addition, the LME also aims to promote the transformation of Gauteng's manufacturing sector. In this regard, LME is endorsed by Gauteng Premier David Makhura and the Gauteng Capital Equipment Transformation Partnership as well as Economic Development MEC Lebogang Maile .
The Gauteng Growth and Development Agency (GGDA) entered into a partnership with Saceec in 2017 to drive change in the manufacturing industry in Gauteng. A key element of the partnership is the development of existing and emerging black-owned companies to integrate such companies into the formal manufacturing sector in Gauteng.
The main objective of the GGDA is to guide Gauteng's economic development efforts through targeted local and international business stakeholders by recognizing the crucial role that investment can play in job creation, skills development and economic growth.
Therefore, the LME will play a key role in facilitating the goals of these partnerships, thereby fostering local industry sectors and providing engagement in local and international markets. It also aims to increase local competitiveness and demonstrate South Africa's strong manufacturing capabilities and export potential.
The LME also serves to forge a mutually beneficial partnership between the public and private sectors, drive economic development and create sustainable investment in the economy
The Expo also offers free seminars, exhibitors and industry experts provide an opportunity to highlight the challenges and opportunities of the industry.