Finland may invest in South Africa’s maritime sector

Finland could possibly invest in South Africa’s maritime sector, International Relations Minister Maite Nkoana-Mashabane said. “We are looking at inviting them to come into the maritime sector, particularly ship building, which is run by the private sector,” she said in an interview in Finland. “So in the sector that we are opening up for South Africa, we will be encouraging ship building, ship maintenance [and] boat manufacturing…”

Finland and South Africa enjoy good relations, and Mashabane was in the country this weekend to strengthen ties between the two nations and further cement the relationship. Finland was described as a reliable and dependable partner. “The good thing about Finnish investors is that when they come, they stay and they don’t come small,” she said. “They are very rich in architecture, designs and in technology.” Finland’s Foreign Affairs Minister Erkki Tuomioja said the opportunity sounded interesting. He said Finland had a wide range of maritime experts that could be of great use to South Africa. Source: SAPA

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