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The Department of Trade and Industry (dti) is supporting 20 South African companies to showcase their capabilities at the Offshore Technology Conference (OTC). The companies, from the steel and fabrication, engineering and services, electrotechnical and services, and oil and gas sectors, will be attending the OTC in Houston, Texas, from 6-9 May.

SA trade mission to Kenya and Tanzania planned

The 20 South African firms will showcase their products at the South African National Pavilion. According to Trade and Industry Minister Dr Rob Davies, this will provide an ideal platform for the South African companies to meet international oil and gas companies, equipment suppliers and engineering services providers.

“The conference will assist the South African companies identify opportunities within the USA’s up-, mid- and downstream value-chain integration. The US is one of South Africa’s key trading partners in the world today, and the bilateral trade relationship has maintained a consistent pattern of expansion since 1994. The US currently represents an export destination for between 12% and 15% of all South Africa’s exports,” Davies said in a statement.

He believes that the pavilion will assist in exposing South African business to international markets with the objective of making them competitive at an international level. The dti is supporting the participating companies through its Export Marketing and Investment Assistance Scheme. The objective of the scheme is to develop export markets for South African products and services and to attract new foreign direct investment into the country, while facilitating market access for exhibiting South African companies.

Image Credit: Flickr/GovernmentZA: https://www.flickr.com/photos/governmentza/25857975565

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