Gauteng Business 2016 edition

PROFILE
Gauteng Industrial
Development Zone
(GIDZ)
All aboard! The new OR Tambo Aerotropolis is now ready for take-off.
Being part of the new aerotropolis precinct, which
was established to enhance developments in
the Eastern Corridor of Gauteng, the OR Tambo
International Airport Industrial Development Zone
(ORTIA IDZ) programme is aiming to develop 725
hectares of land situated around the OR Tambo
International Airport. This will indeed be a welcome
financial injection – set to stimulate economic development
in the region.
The ORTIA IDZ is a Gauteng Provincial Government
initiative lined up to realise the objectives of implementing
its economic development goals. The
initiative is aligned to the priorities set out by both
national and provincial government, which among
others include leading, facilitating and managing
sustainable job creation and inclusive economic
growth and development in the Global City Region.
2009 to develop and operate the IDZ at the ORTIA.
The GIDZ Devco is a subsidiary of the Gauteng
Growth Development Agency (GGDA); it was incorporated
as a pre-requisite for the application of
an IDZ Operator permit. The IDZ Operator Permit
License was issued in December 2010 to DEVCO to
develop and operate the ORTIA IDZ, on recommendation
by the Manufacturing Development Board to
the Minister of Trade and Industry.
Focus on precious and
semi-precious metals
Guided by the GIDZ Devco, the new JMP programme
is directed at light, high-margin, export-oriented
manufacturing of South African precious and
semi-precious metals. The multi-site development
With a strong focus on developing beneficiation
capacity related to the precious metals and minerals
sector, the first phase of the Gauteng Industrial
Development Zone (GIDZ) has been identified as a
catalyst to develop the broader GIDZ – an important
key to unlock Gauteng’s jewellery benefit potential
in the newly introduced Jewellery Manufacturing
Precinct (JMP). Being part of the broader aerotropolis
framework, which was defined to enhance developments
in the eastern corridor of the province,
the delivery of the JMP is divided into three parallel
processes: infrastructure development, investor
attraction and skills development. Development
of the precinct is driven by the Gauteng Industrial
Development Zone Development Company (GIDZ
Devco), a special purpose vehicle that was created in
GAUTENG BUSINESS 2016
64