Zuma attends WEF in Davos

Cape Town, South Africa (PANA) - President Jacob Zuma is attending the World Economic Forum (WEF) in Davos, Switzerland, where he will urge the world's top economies and business to invest in his country as well as African infrastructure projects for the long term economic growth of the continent.

Presidential spokesman Mac Maharaj said the President would also use the WEF platform to promote South Africa's National Development Plan (NDP), which is a vision of the nation South Africa strives to be by 2030.

The plan seeks to redress South Africa's triple challenges of unemployment, inequality and poverty.

This year's WEF takes place under the theme "resilient dynamism", which seeks to address how the international community can return on a good economic path and create higher employment opportunities.

It will also debate how the world can address the vulnerabilities within the international financial system and increase global, national and industry resilience to major systemic risks.

President Zuma will leave Davos on the 25 Jan. for Addis Ababa to attend the African Union Summit in the Ethiopian capital.
-0- PANA CU/SEG 22Jan2013

22 january 2013 11:44:53

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