The African development bank, SADC secretariat, and DMT Group to deliver an investment programme for creation of regional value chains in copper, battery storage, and mining inputs.
The Secretariat of the Southern African Development Community (‘SADC’) has appointed DMT GROUP to lead on the delivery of an investment programme that will empower regional value chains in copper, battery storage, and mining inputs.
The SADC ‘Regional Study and Project Viability Scan’ will identify investment opportunities for building local content capacity in three critical areas for economic activity and value addition in southern Africa. The project’s findings are intended to spur a rush of new investment activity.
The project is led by DMT GROUP, a globally active engineering services and consulting company. DMT’s Kai Batla subsidiary is one of the leading specialists on the African continent focussing on the supply of geological consulting and recruitment services for the mining and exploration market, mineral resource development and investments. The SADC project will be led with the support of a range of sector experts, including Professor Hudson Mtegha, a former Chief Mining Engineer with the Government of Malawi, and the very first person in Malawi to qualify as a mining engineer.
Since November 2021 and up to July 2022, DMT will lead a five-phase programme, before submitting a final report to the SADC Industrial Development Forum and to the SADC Ministerial Task Force.
Sodhie Naicker, Managing Director of DMT South Africa, said: “DMT is perfectly positioned to lead this project, drawing on the most pertinent experience from specialists across our network. We are proud to be leading this game changing project with our partners at the SADC Secretariat. Our initial studies already reveal that market potential for improving local content and regional primacy in these sectors is extraordinary, and it will be fascinating to begin identifying the projects that have the potential to reshape the entire economic model for raw materials in Southern Africa.”
Ahead of the final report, DMT will deliver a detailed roadmap, value chain mapping and analysis for priority sectors, a project identification phase in consultation with regional stakeholders, and a project viability scan of prioritised value chain projects, making recommendations for alternative financing mechanisms, and promotion strategies.
Excellence and innovation: DMT GROUP is an independent, globally active engineering services and consulting company specialising in the markets of plant and process engineering, infrastructure and civil engineering, natural resources, and energy. The goal of DMT GROUP is to create sustainable value for its clients through a full-service engineering and consultancy offering led by knowledge, digitalisation and internationalisation.
DMT GROUP is headquartered in Essen, Germany, and maintains 13 engineering and consulting companies at 30 locations worldwide. DMT GROUP leads the engineering division of TÜV NORD GROUP, contributing more than 280 years of experience and working and acting in the spirit of partnership and trust to realise hundreds of projects around the globe every year. DMT GROUP’s approach is defined by being solution-orientated and sustainable, ensuring value creation and client success under the guiding principle of Engineering Performance.
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