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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FOCUS<br />
lock the agricultural potential of<br />
Sedibeng as the food basket of<br />
the <strong>Gauteng</strong> City Region and position<br />
the region as an Agropolis.<br />
The Western Corridor<br />
In the fourth corridor, the Western<br />
Corridor, the West Rand district<br />
has experienced significant de-industrialisation<br />
due to the decline<br />
of the mining industry, which was<br />
the main employer and source of<br />
revenue for municipalities.<br />
Going forward the economy<br />
of the Western Corridor will focus<br />
on the green and blue economy<br />
initiatives, tourism, agro-processing<br />
and logistics. The Lanseria<br />
Airport and Maropeng World<br />
Heritage Site will be the main<br />
anchors of the new city and new<br />
economy of the West Rand.<br />
Overview<br />
Both, the western and southern<br />
corridors will see the creation of<br />
new industries, new economic<br />
nodes and new cities, affirming<br />
Makhura account, “Gone are the days when some regions and municipalities<br />
will be neglected as the Cinderella’s on the periphery of<br />
the provincial economy.<br />
We need deliberate and conscious action by the entire city region<br />
leadership to reverse spatial injustice and economic marginalisation<br />
of Sedibeng and the West Rand.”<br />
Through the above cited initiatives, <strong>Gauteng</strong> aims to invest in<br />
economic infrastructure as the key stimulator of growth, while also<br />
pursuing infrastructure partnerships with the private sector.<br />
The provincial government is working with the municipalities and<br />
private sector partners to unlock the potential of the Lanseria<br />
Airport logistics hub. Thus far the private sector is injecting at<br />
least R500-million in Capex for the development of the airport,<br />
with over R10-billion expected to be invested in Lanseria over the<br />
next 15 years. Furthermore, working with national government<br />
and Busmark, they will support the manufacturing of coaches<br />
to supply various mass transit bus fleets.<br />
The corridor will be positioned as a hub of agriculture and agroprocessing,<br />
and work is underway to leverage the corridor’s high<br />
value horticultural potential. As part of the transformation of<br />
the agricultural sector, to ensure food-security and in order to<br />
stimulate economic activity in the corridor, government has<br />
invested in the Randfontien milling facility. In addition, publicprivate<br />
partnership will see the development of aquaculture<br />
projects, such as the prawn farming facility. This initiative will<br />
create a total of 6 512 jobs in the West Rand over three years.<br />
31 GAUTENG BUSINESS <strong>2016</strong>