Shipbuilder sees industry as vital to economy

Southern African Shipyards would pursue shipbuilding contracts worth more than R6 billion over the next five years as it continued its drive to revive the industry in the country, Don Mkhwanazi, the chairman of the company, said yesterday Mkhwanazi, who was speaking at the launch of Transnet’s latest harbour tug, Pholela, said the strategy was to bring the shipbuilding industry into the national agenda and to align it with economic policies aimed at eradicating poverty, creating jobs, increasing skills and attracting fixed investments.