In his official opening keynote address, honourable minister in the presidency, Jeff Radebe thanked Topco Media and congratulated them on working together with the National Planning Commission Secretariat to make the Summit a reality.
He emphasised that the National Development Plan affirmed the correctness of the government’s decision to invest in the expansion and maintenance of economic infrastructure – by the end of 2014 government had spent R1-trillion in developing the much needed infrastructure in sectors such as energy, water, sanitation, rail, road-based public transport and hospital revitalisation, among others. “The National Development Plan calls on all South Africans to be part of a virtuous circle where working together means understanding that we are each playing an important role in the development of this country. It calls on us to take measures to reduce income inequality and raise the income share of the bottom 40% income earners. This requires all of us to discuss and reach an agreement on the kind of economic order we want and the trade-offs and sacrifices we require to achieve it.” – Minister Jeff Radebe