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.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
PROFILE<br />
• World-class facilities where investors can meet<br />
and discuss investment opportunities<br />
• Investment and trade information of <strong>Gauteng</strong><br />
as well as in Africa<br />
• Project appraisal – provided through collaboration<br />
with the <strong>Gauteng</strong> Growth and Development<br />
Agency’s (GGDA) development finance partners<br />
in order to assess a case for processing a project<br />
or proposal.<br />
• Site identification and evaluation<br />
• Provide potential investors with sector-specific<br />
economic data through the stipulation and dissemination<br />
of market intelligence and would,<br />
through collaboration with the Department of<br />
Trade and Industry – a critical project partner –<br />
supply business and work permits<br />
• Co-ordinate the involvement of different entities<br />
within government on various spheres of government<br />
involved in the establishment of a business.<br />
• Facilitate investor access to national and local<br />
government incentive programmes<br />
In summary, the GIC offers all information and research<br />
services, complete administrative assistance<br />
with business registration, pre-investment support<br />
services and investment aftercare. The service delivery<br />
outcome will ensure a simplified and shortened<br />
administrative process, removing bottlenecks<br />
in establishing and running businesses in <strong>Gauteng</strong>.<br />
GIC partners<br />
<strong>Gauteng</strong> Premier Nomvula Mokonyane reported<br />
that the GIC will include “services such as company<br />
registration, tax registration and investment<br />
services and information, which would be provided<br />
by [inhouse] representatives from the Companies<br />
and Intellectual Property Commission, the South<br />
African Revenue Service (Sars), State utilities,<br />
State-owned enterprises, municipalities and the<br />
Department of Home Affairs (DHA). The GGDA’s<br />
CEO Siphiwe Ngwenya added to this, saying “such<br />
partnership agreements with district and local municipalities<br />
are particularly critical, as many lack<br />
the skills and capacity necessary to effectively<br />
promote and facilitate investment within their region”.<br />
He highlighted, “Given the GGDA’s mandate<br />
as the provincial investment promotion agency, our<br />
agreements with local government will make for a<br />
smoother and more uniform process of engagement<br />
with investors”.<br />
The companies, organisations and departments<br />
working with the GIC are as follows:<br />
• Brand South Africa<br />
• Companies and Intellectual Property Commission<br />
(CIPC)<br />
• City of Johannesburg<br />
• Department of Trade and Industry<br />
• EY & Mercantile Bank<br />
• <strong>Gauteng</strong> Funding Agency<br />
• SARS<br />
• Westrand District Municipality<br />
• Ekurhuleni Metropolitan Municipality<br />
• DHA<br />
• City of Tshwane<br />
• <strong>Gauteng</strong> Department of Agriculture and Rural<br />
Development (AICEP)<br />
• Mercantile Bank<br />
Reasons to invest in <strong>Gauteng</strong><br />
There are many reasons why <strong>Gauteng</strong> has become<br />
known as a “Gateway to Africa,” an attractive place<br />
for investments on the continent. The province<br />
offers:<br />
• Access to African markets<br />
• Functional national institutions protecting the<br />
right of investors<br />
67 GAUTENG BUSINESS <strong>2016</strong>