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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PROFILE<br />
<strong>Gauteng</strong> ICT Park Special<br />
Economic Zone<br />
As we seek solutions to bridge the digital divide in Africa, provincial<br />
government will play an important role in providing digital platforms<br />
to help unlock new economic opportunities for growth and development.<br />
<strong>Gauteng</strong> ICT Park SEZ<br />
The ICT SEZ is an instrument available for the <strong>Gauteng</strong><br />
Province to attract Foreign Direct Investment (FDI)<br />
and Direct Domestic Investment (DDI) to a dedicated<br />
industrial park (NASREC) using meaningful incentive<br />
packages from National Treasury (through agencies<br />
such as the GGDA), the Department of Telecoms<br />
& Postal Services, SARS, Municipalities and other<br />
relevant institutions. It aims to provide world class<br />
economic infrastructure and facilities to investors<br />
through: offering competitive incentive packages<br />
to attract and retain investments; developing and<br />
providing required ICT skills to investor businesses,<br />
shortening the processes of business registration,<br />
permitting and settling of investors.<br />
ICT and <strong>Gauteng</strong><br />
The technology explosion of the 21st century<br />
also introduced the world to the digital economy.<br />
Where just a few years ago this concept was<br />
hardly known to those outside the Information and<br />
Communication Technology (ICT) sector, we are<br />
today fully submerged in the information age—and<br />
equitable access to broadband has become a basic<br />
human freedom, which must be guaranteed to all,<br />
in an age where connectivity has become a utility<br />
that can measure the quality of life, human progress<br />
and economic development.<br />
As the pressure on the South African Government<br />
increases to bridge the digital divide and take technology<br />
to the people in even the most remote areas<br />
of the country, the ICT sector is blooming, and is<br />
increasingly contributing to the country’s GDP.<br />
In <strong>Gauteng</strong>, where nearly two thirds of all South<br />
African ICT companies are locat ed, ICT contributes<br />
more than 6% to regional GDP. A sure step in the<br />
right direction in modernising the public service<br />
and stimulating the province’s knowledge-based<br />
economy, was last year’s inaugural <strong>Gauteng</strong> ICT<br />
Summit, which highlighted the province’s goal of<br />
GAUTENG BUSINESS <strong>2016</strong><br />
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