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VAMCOSA is committed to seeing the sustainability and growth of the industry

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VAMCOSA is committed to seeing the sustainability and growth of the industry

20 May 2015 | Posted in VAMCOSA News.

VAMCOSA is committed to seeing the sustainability and growth of the industry

The Procurement of locally manufactured products is one of the levers identified by government to support Industrial Development in South Africa. The amended regulations to the Preferential Procurement Policy Framework Act (PPPFA) in 2011 empowers the dti to designate industries, sectors and sub-sectors for local production at a specified level of local content. National treasury issued the instruction note to all procuring public entities in 2014 – affectively making the local content minimum threshold for the procurement of valves and actuators at 70%. This is applicable to all public entities including state owned entities, government departments, municipalities, and water boards - even if the entity is procuring through a contractor or consultant.

VAMCOSA as a cluster represents 90% of the local manufacturing market for valves and actuators and through its efforts continues to promote the capability and capacity of the South African industry to service not only the needs of South African customers but also a global market.

VAMCOSA is committed to seeing the sustainability and growth of the industry through the value chain from the foundry sector through to transport and - this is key to unlocking the multiplier effects around supporting the impact of manufacturing in South Africa. Emphasis is placed on key programmes such stakeholder engagement with key customers, to understand and develop the industry according to their requirements as well as skills development, finding and attracting critical skills for the sector at a high school level as well as empowering the industries next generation.

Local Content means local manufacturing and adding value within the South African economy, creating and sustaining jobs in South Africa, putting our economy back on the road to recovery.


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