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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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OVERVIEW<br />

R2,5-billion contribution to Tshwane’s economy. The<br />

new Tshwane BPO Park will be the ideal investment<br />

opportunity for both local and foreign businesses.<br />

Tshwane is the third-largest city in the world in terms<br />

of land area, after New York and Tokyo/Yokohama.<br />

It contributes 27% to <strong>Gauteng</strong>’s economy and 10%<br />

to South Africa’s economy.<br />

Tshwane is also South Africa’s automotive industry<br />

hub and the main anchor for research, innovation<br />

and the knowledge-based economy in <strong>Gauteng</strong>,<br />

owing to the location of renowned research institutions<br />

in the region. As South Africa’s capital, it<br />

also hosts 132 diplomatic missions and institutions.<br />

This makes Tshwane the second-biggest home of<br />

diplomatic missions globally after Washington DC,<br />

making it an extremely viable destination for international<br />

business investment.<br />

The planned Tshwane BPO Park will provide a<br />

globally competitive facility to both the public and<br />

private sector, employ more than 3 000 people and<br />

contribute significantly to the <strong>Gauteng</strong> Province’s<br />

Township Revitalisation Programme. The recent addition<br />

of the Gautrain (a mass rapid transit railway)<br />

conveniently connects Tshwane with the OR Tambo<br />

International Airport making the province a true<br />

gateway into Africa.<br />

Investment opportunities<br />

• The banking industry presents investors with the<br />

opportunity to engage in world-class corporate<br />

services, as well as providing access to mortgage<br />

financing for starting a business;<br />

• The call centre industry is ever expanding, and<br />

this provides investors with the opportunity<br />

to invest in the development of the industry,<br />

particularly in areas such as infrastructure and<br />

telecommunications.<br />

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

90

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