Johannesburg - The New Growth Path is an important
instrument to promote employment and growth in the economy, the ANC and Business
Unity SA (Busa) said on Monday evening.
"Both the New Growth Path and the National Development
Plan were important building blocks to the achievement of a shared vision for
South Africa," the two organisations said in a joint statement.
A delegation from the ANC and Busa met in Johannesburg on
The ANC delegation was led by President Jacob Zuma. He was
joined by party chairwoman Baleka Mbete, secretary general Gwede Mantashe and
deputy secretary general Thandi Modise.
The Busa delegation included president Futhi Mtoba, vice
presidents Brenda Madumise and Michael Spicer, and deputy CEO Raymond Parsons.
The main focus of the meeting was what could be done to
ensure the planned presidential infrastructure summit, to be held in July, was
"It was agreed that large scale infrastructural
development now needed to be urgently implemented, not only from an internal
economic point of view, but also given the deteriorating global outlook,"
The organisations agreed the participation of the private
sector and co-operation with government was essential for the summit's success.