JOHANNESBURG, Oct 23 (Reuters) - A delegation of
Singaporean companies is visiting South Africa this week to
explore partnerships in manufacturing, logistics, and consumer
goods, after trade between the two nations has nearly doubled
over the past four years.
Enterprise Singapore, the city-state's trade and enterprise
agency, said that the mission, part of its Scale-Up Programme,
aimed to connect participating firms with South African
counterparts and potential partners across sectors, including
agri-processing and industrial supply.
"South Africa and Singapore already enjoy a strong bilateral
relationship, and many Singaporean companies are operating in
the country already," Rahul Ghosh, Enterprise Singapore's Middle
East and Africa director, told Reuters on Thursday.
"In the long term, this will result in Singaporean
businesses unlocking new opportunities for South African
businesses for win-win outcomes, which is especially important
at this critical juncture of global trade and investment
uncertainty."
REDRAWING GLOBAL TRADE ROUTES
The visit comes as shifting tariff regimes and supply-chain
disruptions are redrawing global trade routes and prompting
countries to forge new or strengthen partnerships to secure
access to markets and materials.
The delegation includes steel infrastructure specialist
Mlion Corporation, car-leasing firm Lumens, snack maker Cocoba,
refurbished-device trader Mercantile Pacific, and industrial
equipment supplier Chee Fatt.
Meetings are planned with major local and regional players,
including Tolaram Group and Denmark-based FLSmidth ( FLIDF ), to discuss
potential collaboration and investment opportunities.
Ghosh said manufacturing, agri-processing, and logistics had
been identified as priority sectors.
Trade in goods between Singapore and South Africa reached
$1.4 billion in 2024, almost double the levels recorded in 2020,
official data shows.