President Cyril Ramaphosa delivers the Keynote Address at the SEIFSA Business Breakfast_9
What we are now exploding upon will require toolmakers, technicians, designers, project managers, and construction workers. It must create apprenticeships and training opportunities for thousands of young South Africans, and it must provide opportunities for established manufacturers like yourselves alongside black industrialists, women and youth owned enterprises working together as well as small and medium enterprises. The same principle must apply to our logistics reforms. Through Operation Vulindlela, we are undertaking the most far-reaching reform of South Africa's freight logistics system in decades. Multiple train operating companies are gaining access to the freight uh rail network. And keep saying the rail itself continues to belong to the government. What we are concessioning is the utilization and the improvement and the development of the line. For a certain number of years, companies can invest, can improve so that we focus on movement of goods. And I often tell people about the N3 concession. The government didn't have the money, but it concessioned the N3 and indeed the N1 and indeed the N4 and said, "You come in, bring your capital, build this road, maintain it, and it has become the the the the real economic lifeline in our country, those those three roads." Now, for those who say government is privatizing, there's no privatization. It's concession. You use other people's money, who also want to make money, by the way, to make things happen.