Operation Phakisa (Ocean Economy) needs real speed, warn investors

Pretoria 14 February 2017

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HARKING FOR HASTE: Mr Chris Sparg (Front Right) MD of Dormac waiting to be seated while Mr Sobantu Tilayi (Second Right) acting CEO of SAMSA and Mr Mavuso Msimango (Centre Back) welcome some of about 60 maritime economic sector principals gathered in a networking session organized by SAMSA in Cape Town last Wednesday evening.

South Africa’s maritime economic sector development programme, Operation Phakisa (Ocean Economy) will need to speedily live up to its name and ‘hurry up’ sooner than later if it is to draw any significant investment into the sector, in the process laying conducive conditions for business development and job creation, Mr Christopher Sparg, Managing Director of Dormac has warned.

CALLING FOR SPEED: Mr Chris Spark, MD of Dormac addressing a SAMSA Networking Session in Cape Town
CALLING FOR SPEED: Mr Chris Sparg, MD of Dormac addressing a SAMSA Networking Session in Cape Town

He was speaking during a SAMSA organized industry networking session held in Cape Town to coincide with the country’s State of the Nation Address (SONA) presented by President Jacob Zuma in Parliament last Thursday.

Mr Sparg was among 60 odd maritime sector industry principals gathered for the event in Kalk Bay on the eve Mr Zuma’s SONA speech and in which he was expected to share Government’s perspective and goals about the specific programme.

The idea, according to SAMSA was to allow for the sharing of views and engagement with Government policy owners many of who were in the city for the opening of Parliament.

In his speech, Mr Zuma made reference to Operation Phakisa as among key priorities areas of government’s focus in overall economic development activity. Highlights of planned action included the inclusion of marine tourism as part of the package, and also the dedication of Simonstown as the “government garage  for all state-owned vessels, including the maintenance and repair of government-owned vessels, through the newly established South African Navy/ARMSCOR/Denel partnership.”

NETWORKING SESSION:  Mr Chris Sparg, MD of Dormac in conversation with fellow maritime sector industry guests during SAMSA's Networking dinner in Cape Town ahead of SONA 2017
SHARING PERSPECTIVES: Mr Chris Sparg, MD of Dormac in conversation with fellow maritime sector industry guests during SAMSA’s Networking dinner in Cape Town ahead of SONA 2017

From a maritime economic sector industry perspective however, the launch of Operation Phakisa (Ocean Economy) in 2014, essentially to speed up processes towards unlocking bottlenecks and creating a conducive environment to increased investment, business development and job creation, was simply not living up to expectations, charged Mr Sparg.

“We’ve yet to experience the speed about which Operation Phakisa was launched” said Mr Sparg, adding that this was leading to uncertainty and frustration among especially those already invested in the local economy.

Mr Sparg leads Dormac Marine and Engineering, a division of Southey Holdings that is a major player in the country’s ship repair, industrial fabrication and oil and gas maritime fields.

For his full remarks, please Click Here

 

 

 

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