DIRCO Annual Report

Programme: International Relations

Deviation from planned target to actual achievement 2021/22

Audited actual performance 2019/20

Audited actual performance 2018/19

Planned annual target 2020/21

Output indicator

**Actual achievement 2020/21

Reasons for deviations

Outcome

Output

• The ongoing spread of the Coronavirus meant that a large physical event on the scale of previous conferences was not viable in 2020. The focus of the Conference therefore shifted to “Investment in a post-COVID environment – consolidation and reconstruction”. The Conference, therefore, took place in a largely virtual format. commitment to R773.6 billion. 64.4% of the target has been achieved. The foreign investment component is almost 49.4% of the total. The bulk of the projects originate from the private sector. • DIRCO’s role in investment mobilisation included identifying potential investors for the 3rd SAIC. 23 South Africa Missions and 14 foreign Missions accredited to South Africa provided 755 names of investors that were invited. • Investment pledges are monitored to ensure implementation and to address obstacles that emerge in the investment pipeline, through the relevant South African National Departments and Agencies; • Total investment commitment for 2020 is R109.6 billion, which brings the total investment drive

Department of International Relations and Cooperation

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