en.Wedoany.com Reported - The Department of Trade, Industry and Competition (DTIC) of South Africa has identified the logistics corridor connecting the Nkomazi Special Economic Zone (SEZ) with the Port of Maputo as a priority cross-border transport route under the economic cooperation agreement between South Africa and Mozambique.

Briefing the Parliamentary Portfolio Committee on Economic Development and Trade on the memoranda of understanding signed with Mozambique, Lesotho, and Algeria, the department emphasized the importance of this corridor. The DTIC stated that the agreement with Mozambique covers cooperation in transport and communications infrastructure, trade facilitation measures, and investment in strategic infrastructure projects such as railways, ports, roads, and related logistics networks. The department also plans to strengthen priority value chains and promote cross-border economic cooperation between the Nkomazi Special Economic Zone and the Port of Maputo through port-of-entry trade facilitation agreements.

The DTIC also emphasized its commitment to developing an economic corridor based on road and rail connections leveraging the Nkomazi Special Economic Zone and the Port of Maputo to support international trade. These agreements establish frameworks for trade, investment, infrastructure development, and private sector cooperation, and set up Joint Trade and Investment Committees (JTICs) to oversee implementation.

The agreement with Lesotho focuses on addressing market access issues and promoting cross-border value chain projects in sectors such as automotive manufacturing, textiles, and agriculture. The agreement with Algeria includes restoring direct air links and strengthening maritime trade routes between Southern Africa and North Africa. The DTIC stated that the initiative aims to reduce dependence on European transit hubs and improve commercial logistics links for industries such as pharmaceuticals and automotive components. Technical teams from both countries will also be responsible for identifying strategic logistics hubs to support future trade growth.

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