SA BUSINESS DELEGATION ARRIVES IN PERU FOR TRADE AND INVESTMENT MISSION

SA BUSINESS DELEGATION ARRIVES IN PERU FOR TRADE AND INVESTMENT MISSION

By BRIAN KAJENGO 

A delegation of South African businesspeople has arrived in Peru where they will be taking part in the first leg of the Outward Trade and Investment Mission (OTIM) which will take place in the Peruvian capital of Lima from 2-3 June 2014. The OTIM is organised by the Department of Trade and Industry (the dti).

The delegation, which comprises of businesspeople from different parts of South Africa, will get an opportunity to interact with their counterparts in Peru and to learn how business conducted in that part of Latin America.

Business-to-business meetings as well as site visits also been arranged for the delegation with the aim of match making companies with those who might be interested in either importing their products or entering in joint ventures with the South African companies.

Among the delegates is the owner of Letshabile Hardware and Projects, Mr Jacob Moleleki who hails from Vanderbijlpark in the Vaal. Moleleki, who manufactures steel products like steel pipes, trailers, hollow bars   says he has not started exporting yet and is optimistic that the mission will open markets for him in Latin America.

“I am so grateful to the dti for the opportunity to come over to Latin America to explore the market in Peru. This is the first time that my company is participating in a mission and I am excited about the possibilities and opportunities that may arise out of this mission,” says Moleleki.

He adds that he is looking forward to establishing relations with potential customers in the mining and manufacturing sectors so as to expand his business.

Peru ranked number 76 as South Africa’s import partner and number 90 as the export partner in 2012.

As part of the mission, officials from the dti will also meet with potential Peruvian investors as a way of marketing South Africa as an investment destination.