Tshwane, Gauteng – 16 May 2025 – The Tshwane Economic Development Agency (TEDA) and the Production Technologies Association of South Africa (PtSA) signed a landmark Memorandum of Understanding (MOU) today.
This collaboration promises to inject fresh energy into the region, driving technological advancement
and attracting significant investment.
The MOU outlines a framework for cooperation between TEDA and PtSA, leveraging their respective
strengths and expertise to pursue mutually beneficial objectives. Key areas of collaboration
identified in the agreement include:
- Joint initiatives to attract investment: TEDA and PtSA will collaborate on strategies to attract both
domestic and international investment into Tshwane, focusing on the production technology sector. - Skills development and training programmes: Recognising the importance of a skilled workforce,
the partnership will explore opportunities to develop and implement training programmes relevant
to advanced manufacturing and production technologies. - Support for local enterprises: The MOU seeks to create a supportive ecosystem for local businesses
in the production technology space, facilitating their growth and competitiveness. - Promotion of innovation and technology transfer: TEDA and PtSA will work together to encourage
innovation, research, and the adoption of new technologies within the region’s industrial sector.
For TEDA, this partnership signifies a significant step towards achieving its mandate of driving
sustainable economic growth and job creation within the City of Tshwane.
By joining forces with PtSA, a leading industry association in production technologies, TEDA gains
access to valuable industry insights, networks, and expertise. This collaboration will enhance TE.
DA’s ability to:
- Attract high-value investments: The partnership will strengthen TEDA’s investment promotion
efforts by targeting companies in the advanced manufacturing and technology sectors. - Develop a skilled workforce: Joint training initiatives will contribute to building a talent pool that
meets the needs of modern industries, enhancing the region’s competitiveness. - Support the growth of local businesses: Collaboration with PtSA will provide local enterprises
with access to resources, mentorship, and market opportunities. - Foster a culture of innovation: By promoting technology transfer and research collaborations,
TEDA aims to position Tshwane as a hub for innovation in production technologies.
TEDA CEO Dr Lardo Stander expressed his enthusiasm for the partnership, stating, “This MOU
with PtSA represents a powerful synergy that will unlock new opportunities for economic development in Tshwane.
“By working together, we can create a more vibrant and competitive industrial environment, attracting
investment, fostering innovation, andcreating much-needed jobs for our communities.”
CEO of PtSA, Tapiwa Samanga, echoed this sentiment, emphasising the potential of the collaboration
to benefit the broader production technology sector in South Africa. “PtSA is committed to driving growth and innovation in the manufacturing sector.
“This partnership with TEDA will enable us to extend our reach and impact within the crucial economic
hub of Tshwane, fostering a more competitive and technologically advanced industry.”
The signing of this MOU marks the beginning of a strategic alliance between TEDA and PtSA, with
both organisations committed to working closely together to realise the shared vision of a thriving
and innovative Tshwane economy.
About TEDA:
The Tshwane Economic Development Agency (TEDA) is a wholly owned municipal entity of the
City of Tshwane, mandated to drivesustainable economic growth, attract investment, and create
employment opportunities within the Tshwane region.
About PtSA:
The Production Technologies Association of South Africa (PtSA) is a national industry association
representing companies and organisations involved in production technologies, with a focus on
promoting innovation, skills development, and industry growth.