Gauteng Business 2016 edition

PROFILE
consists of several industry-specific areas to be
developed in phases over a 10 to 15 year period.
Various skills development programmes will be
implemented to enhance skills in the sector. The
programme contributes directly to Strategic Goal
1 (Gauteng’s economy radically transformed) and
Strategic Goal 2 (Gauteng’s economy re-industrialised)
and supports delivery of Strategic Goal 3
(GGDA capacitated to deliver and implement efficiently
and effectively).
Once completely established, the JMP will be a
fully operational programme, set on 6.1 hectares of
land with a mixture of facilities for storage, design,
manufacturing and retail businesses, bringing with
it a myriad of investment opportunities including
ICT production and distribution, aerospace,
electronics, avionics, and related industries. The
JMP further offers investors the opportunity to get
involved with the mineral beneficiation sector in
South Africa, whilst receiving special export conditions
and business incentives.
Special Economic Zones
Looking at the bigger picture, apart from enhancing
the economic competitiveness, establishing
Special Economic Zones (SEZs) in the region will
also promote competitiveness among enterprises.
Moreover, it will seek to encourage domestic
and Foreign Direct Investment (FDI) for Township
Industrial Hubs. It is expected that the intervention
will contribute to job creation, while also
reducing the cost of doing business in SEZs and
industrial hubs. Once developed, the SEZs will
provide significant opportunities in terms of:
• Attracting domestic investment and FDI in
manufacturing and tradeable services;
• Providing non-core services, such as transport
and distribution, to the SEZ;
• Providing increased export opportunities
through export incentives; and
• Establishing green industries, oil and gas
services investors, aquaculture projects, as
well as a possible mineral sand beneficiation
investment.
Partnerships
Critical to the success of the precinct is infrastructure
development and the creation of successful
partnerships and collaboration with other roleplayers
in the region, such as the Airports Company
South Africa (ACSA) and the Gauteng Department
of Economic Development (GDED) and a land lease
agreement between ACSA and the GDED on the
6.1 hectares of land to be developed as Phase 1
of the IDZ programme was concluded last year.
In addition, a funding understanding with the
National Treasury for the bulk infrastructure development
were also reached. In respect of infrastructure,
the bulk infrastructure of the JMP will
be undertaken with the support of the GDED’s
infrastructure unit. In the year under review, consulting
engineers were contracted through GDED
to develop the detailed designs required to secure
site development plans approval by the Ekurhuleni
Metropolitan Municipality, as well as to provide
professional engineering services.
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CONTACT INFO
Physical address: Office NL 46, 3rd floor north
wing, OR Tambo International Airport
Tel: 010 001 9120
Email : info@gidz.co.za
Website: www.gidz.co.za
65 GAUTENG BUSINESS 2016