Chairperson, again I would like to thank hon Sinclair for the question.
The reply is as follows: The DTI is implementing a detailed foreign economic office strategy that will allow this important instrument in the export and investment promotion value chain to perform optimally.
An important aspect of this strategy is the synchronisation of the business plans of the foreign economic offices with that of the DTI, including the targets and outcomes that the DTI has committed to in the Medium-Term Strategic Framework, MTSF.
These business plans are project-based and, in the case of investment and investment pipelines, R40 billion is set as a consolidated target for this financial year.
In view of the global economic downswing, export projects had to be substantially amended and a concerted effort is under way also to set quantitative targets for the foreign economic offices in this regard. These targets are in line with what Trade and Investment South Africa, Tisa, has committed itself to in its business plan and the MTSF. Thank you.