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 Caption: SAACE President, Peter Silbernagl and CSIR President and CEO Dr Sibusiso Sibisi, following the signing of the Strategic Partnership Agreement between the two organisations
The objective of the Agreement is to develop synergy between the two parties, limit overlapping functions, avoid unnecessary competition and link their respective knowledge platforms to grow mutual business opportunity in a sustainable manner. Both parties have agreed to set up joint bodies (representatives of all CSIR Business Units and covering all engineering disciplines under the auspices of SAACE) at national and regional level, where appropriate, to develop and pursue mutually beneficial opportunities in a spirit of "Team South Africa".
As a uniquely South African organisation, the CSIR is committed to innovation and providing technological solutions and information to support sustainable development and economic growth in the context of national priorities. This includes the creation of stand-alone spin-off business enterprises from time to time.
SAACE as a business organisation is committed to enhancing the professional and business interests of its members, improving the quality of life for all South Africans by the promotion of engineering excellence and serving clients with professionalism, integrity and independence of judgement.
Says CSIR President, Dr Sibusiso Sibisi: "Engineering forms one of the vital disciplines by which technology is turned into real-world solutions for South Africa. I welcome this strategic partnership with the SAACE by which our two organizations can link our respective knowledge platforms to grow mutual business opportunity in a sustainable manner."
Comments SAACE President, Peter Silbernagl: "We live in an era of partnerships, joint ventures and alliances. Sharing of knowledge is power. This agreement, which is in line with our strategic thrust of building relationships with government and other key role players, marks the formation of a synergistic relationship between the two organisations to work together and to complement one another's efforts in the development of our country and beyond our borders. It places us in a position to share our scarce resources and to seek business opportunities for the benefit of our members."
9 May 2002
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