New entrants should be accommodated in blue economy

Respondents to our Operation Phakisa survey were unanimous in their view that the maritime industry has the capacity to cater for new entrants with 71 percent deeming it “realistic” and a further 29 percent seeing it as “very realistic”.  Just under 30 percent, however, believe that it is unrealistic to expect the maritime industry to create one million jobs and for the blue economy to reach R1.7 billion by 2033.

The South African presidency is due to announce the outcome of deliberations held under the auspices of the Ocean Labs in Durban this week at an open day. Targets and activities committed to by stakeholders will be made public and it will be interesting to see if expectations can be met.

Most of our survey respondents, who mostly represent industry stalwarts of ten or more years, agree that involvement from government is “very important” (71 percent), but view government catalysts during their tenure to be “unsatisfactory” (71 percent).

We are still accepting responses to the survey <CLICK HERE TO PARTICIPATE> and will bring you news from Durban and the Phakisa Open Day in the next issue of Maritime Review Africa.

 

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