Huawei Innovation Centre Should Be A Springboard For Launching New Local ICT Companies – Ramaphosa

Huawei Innovation Centre Should Be A Springboard For Launching New Local ICT Companies – Ramaphosa
Huawei Innovation Centre

“It is our hope that this Huawei Innovation Centre will be a springboard for the launch of new local ICT enterprises that create jobs,” said President Cyril Ramaphosa.

Speaking at the opening of the Huawei Innovation Centre at Woodmead in Huawei’s Office Park, Ramaphosa added that government hoped the centre would be a springboard for new business processes that would grow SA ‘s economy and support national development goals.

The centre brings together Huawei’s various business units in a hub for collaboration with local partners, app developers and ICT-focused SMEs.

He said the opening of the centre is a sign of Huawei’s confidence in the South African economy and its potential.
According to the 2023 State of the ICT Sector in South Africa, published by the Independent Communications Authority of South Africa, the sector’s revenue continues to grow, increasing by about R25.5 billion over a five-year period.

This makes the ICT sector one of our most attractive sectors for investment with significant growth potential.

Huawei Innovation Centre

“As we grow the digital economy, it is our expectation that this growth in revenue should be matched by an increase in the number of jobs the sector creates,” Ramaphosa said.

“It is therefore encouraging that this Innovation Centre will be focusing on knowledge and skills transfer, as well as SMME development.

“I congratulate Huawei for the work it is doing to cultivate local digital talent through the LEAP programme, ICT academies and DigiSchool projects”

President Ramaphosa added that the government welcomed Huawei’s hints that it plans to invest significantly in data centres and the cybersecurity industry in Africa.

“By adopting the range of cuttingedge technologies being pioneered by companies such as Huawei, South Africa and the continent will be able to leapfrog into the Fourth Industrial Revolution.”

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