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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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SPECIAL FEATURE<br />

Transformation, Modernisation<br />

and Reindustrialisation<br />

Transformation remains a key focus of the <strong>Gauteng</strong> Provincial Government (GPG),<br />

with an ambitious plan afoot to make <strong>Gauteng</strong> an integrated city-region characterised<br />

by social cohesion and economic inclusion over the next five-to-15 years.<br />

Premier David Makhura’s government is committed to the initiative<br />

and says it will take decisive steps to implement it. The<br />

Premier announced during his maiden State of the Province<br />

Address that his administration has adopted a multi-pillar<br />

programme of radical transformation, modernisation and reindustrialisation<br />

of <strong>Gauteng</strong>.<br />

Over the next five years GPG is determined to revitalise and mainstream<br />

the township economy by supporting the development of<br />

township enterprises, cooperatives and SMMEs that will produce goods<br />

and services that meet the needs of township residents.<br />

Key sectors with the potential to address the twin policy imperatives<br />

of creating decent employment and greater economic inclusion have<br />

been identified. These sectors include finance, automotive industry,<br />

manufacturing, ICT, tourism, pharmaceuticals, creative industries, construction<br />

and real estate.<br />

THE GPG SAYS IT WILL INSIST ON<br />

PLANNED AND INTEGRATED URBAN<br />

DEVELOPMENT WHICH WILL ENABLE<br />

IT TO BUILD MORE INTEGRATED AND<br />

SUSTAINABLE HUMAN SETTLEMENTS<br />

SMMEs and township enterprises will by no means be overlooked,<br />

with firm undertakings having been made to bring these key sectors<br />

into the mainstream economy.<br />

The GPG says it will work with research institutions to vigorously<br />

promote innovation within the provincial economy and fast-track<br />

the development of new industries that will usher <strong>Gauteng</strong> into an<br />

innovation-driven, knowledge-based, smart and green economy.<br />

The government will also put<br />

the focus on the reindustrialisation<br />

of the <strong>Gauteng</strong> economy<br />

through strategic infrastructure<br />

development. This involves a<br />

massive rollout of public transport<br />

infrastructure across the<br />

province which will be utilised<br />

to revitalise and modernise old<br />

industries that will locally manufacture<br />

or assemble buses, trains<br />

and locomotives.<br />

In a significant boost to employment<br />

and economic inclusion,<br />

the provincial government<br />

and municipalities will procure<br />

75% of all goods and services<br />

from South African producers,<br />

especially SMMEs.<br />

Decisive spatial<br />

transformation<br />

In what is seen as a bold measure,<br />

the provincial government wants<br />

to radically transform the spaces<br />

people live in by connecting and<br />

integrating places of work and human<br />

settlements.<br />

The GPG has noted that<br />

even after the end of apartheid,<br />

government has continued to<br />

build houses and human settlements<br />

that reproduce the<br />

spatial legacy of apartheid – far<br />

from work and the majority of<br />

GAUTENG BUSINESS <strong>2016</strong><br />

32

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