Gauteng Business 2016 edition
The 2016 edition of the Gauteng Business and Investment Guide is the premier business and investment guide for the Gauteng province and the Gauteng Growth and Development Agency (GGDA). In addition to detailed profiles of key provincial organisations, including the GGDA, the Automotive Industry Development Corporation Centre (AIDC), the Gauteng Investment Centre, the Gauteng IDZ, the Gauteng ICT Park SEZ and Constitution Hill, this edition includes well-researched economic and demographic data on the province, as well as insights into the province’s five development corridors and the new industries and development nodes in these corridors; a focus on Gauteng as a global city region; and key growth sectors for the province.
The 2016 edition of the Gauteng Business and Investment Guide is the premier business and investment guide for the Gauteng province and the Gauteng Growth and Development Agency (GGDA). In addition to detailed profiles of key provincial organisations, including the GGDA, the Automotive Industry Development Corporation Centre (AIDC), the Gauteng Investment Centre, the Gauteng IDZ, the Gauteng ICT Park SEZ and Constitution Hill, this edition includes well-researched economic and demographic data on the province, as well as insights into the province’s five development corridors and the new industries and development nodes in these corridors; a focus on Gauteng as a global city region; and key growth sectors for the province.
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PROFILE<br />
<strong>Gauteng</strong> Growth<br />
and Development<br />
Agency (GGDA)<br />
<strong>Gauteng</strong> may be the smallest South African province in terms of land size, but it remains<br />
the economic engine of the country and an important economy in Africa.<br />
In an effort to enhance the role of the <strong>Gauteng</strong><br />
Provincial Government in driving investment,<br />
growth and innovation in the provincial economy,<br />
all of the <strong>Gauteng</strong> provincial agencies were restructured<br />
in 2012. This led to the <strong>Gauteng</strong> Growth and<br />
Development Agency (GGDA) coming into existence<br />
through a merger between the <strong>Gauteng</strong> Economic<br />
Development Agency (GEDA) and Blue IQ Holdings<br />
(Pty) Ltd.<br />
Key considerations for the GDED were that the<br />
merger should achieve a greater synergy and avoid<br />
duplication of services which had previously overlapped,<br />
in order to improve efficiency. The story<br />
of the GGDA is one of careful planning, targeted<br />
implementation and a tight focus on building local<br />
and regional economies for sustainable livelihoods,<br />
enhanced economic competitiveness and the creation<br />
of an enabling environment for growth.<br />
The company’s mandate is to serve as the implementation<br />
arm of the <strong>Gauteng</strong> Department of Economic<br />
Development and to assist the department to lead,<br />
facilitate and manage sustainable job creation and<br />
inclusive economic growth and development in the<br />
<strong>Gauteng</strong> City Region.<br />
The Mandate’s Core Focus Areas:<br />
<strong>Business</strong> Enablement<br />
The GGDA works with national government and<br />
related public entities, such as the South African<br />
Revenue Service (SARS), to create an environment<br />
that is more conducive for doing business for multinationals,<br />
large local companies and SMMEs. This<br />
may include engaging with national government to<br />
propose regulatory changes, as well as establishing<br />
a ‘one-stop-shop’ for doing business in <strong>Gauteng</strong>.<br />
The GGDA will target specific sectors to enable business<br />
to operate more effectively, actively addressing<br />
constraints specific to those sectors.<br />
Capital Projects<br />
The GGDA works with other spheres of government<br />
and the private sector to develop transformative<br />
infrastructure aimed at changing the way in which<br />
the province operates. It does not duplicate the work<br />
directly within the ambit of other departments, such<br />
as Public Works, Transport, Health and Education,<br />
but identifies projects that are catalytic, crosscutting,<br />
multi-sectoral and complex to manage. The<br />
particular expertise of the GGDA lies in designing<br />
large-scale projects, leveraging the necessary stakeholder<br />
and financial support and building the client<br />
base required to utilise the infrastructure.<br />
Trade and Investment Promotion<br />
In order to stimulate and maintain inward and<br />
outward trade and investment, the GGDA actively<br />
promotes <strong>Gauteng</strong>’s target sectors both locally as<br />
well as internationally. It works with industry bodies<br />
to determine appropriate strategies for identified<br />
import and export markets. In order to support<br />
emerging entrepreneurs within the selected sectors,<br />
the GGDA actively seeks market entry points<br />
for qualifying companies.<br />
GAUTENG BUSINESS <strong>2016</strong><br />
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