Page 3

Food factory

The In2Food Group factory is 22 708m² in size and is located on 3.5ha of land located on the northern precinct of the OR Tambo International Airport Special Economic Zone. Following a tour of the factory which dignitaries and guests were treated to, Gauteng Premier David Makhura remarked: “I am truly fascinated by what it takes to put food together for Woolworths Food, indeed we are proud of In2Food and the important role you continue to play in job creation and economic empowerment within South Africa’s borders.” The In2food factory will also be the first registered level five eco-friendly industrial site in South Africa, as rated by the Green Building Council of South Africa. The site includes sustainable waste management processes, four boreholes, water recycling and storage, and 8 000m² of solar panels which produce 25% of the facility’s energy requirements. Natural gas is used to run boilers, staff kitchens, ablution facilities and geysers. The Special Economic Zone was established to support industrial development in the Gauteng Province with a specific focus on export-oriented, value-added industry, concentrated around OR Tambo International Airport, in Ekurhuleni. Gauteng was awarded a permit to develop the Industrial Development (Special Economic) Zone at OR Tambo International Airport in 2010. The SEZ is part of the Ekurhuleni OR Tambo Aerotropolis, with a high development concentration. The industrial development zone offers ease of access to Africa’s consumers through its connectivity capabilities. The OR Tambo SEZ is located in or within close proximity to OR Tambo International Airport, with high levels of security to accommodate high-value inputs. A total of 82% of South Africa’s air cargo is transported through OR Tambo International Airport. Investors in the SEZ will, among others, enjoy the following benefits: • Reduced corporate tax from 28% to 15% • Zero rating of VAT for goods purchased for value addition in the zone

• •

Customs duty exemption for raw materials or equipment used for production in the SEZ Employment tax incentive for investors operating in the zone Exemption from Value Added Tax for goods produced in the zone for export.

About the GGDA

The GGDA Group aims to create an enabling environment for growth-targeted investment facilitation, strategic infrastructure development and social transformation, thus positioning Gauteng as a leading Global City Region. The Gauteng province offers solid investment opportunities with many competitive advantages: • It is a gateway to Africa and the world, with a considerable number of global companies • Diversity of economic sectors • Leading universities and research institutions • A talented workforce (ranked 2nd in Africa by WEF Competitiveness Index) • Infrastructure • Diplomatic missions • Democratic governance • It is home to a quarter of South Africa’s population and generates 35% of the country’s GDP • It has a global cost advantage when compared with peers in terms of cost of land, cost of labour and the exchange rate. GGDA subsidiaries

Automotive Industry Development Centre, The Innovation Hub, Gauteng Industrial Development Zone, Constitutional Hill Development Company and Invest SA Gauteng.

Contact details Tebogo Mohajane, Marketing Manager Tel: +27 11 085 2473 Email: tebogom@ggda.co.za Website: www.ggda.co.za

Profile for Global Africa Network

Gauteng Business 2019-20  

The 2019/20 edition of Gauteng Business is the 11th issue of this highly successful publication that has established itself as the premier b...

Gauteng Business 2019-20  

The 2019/20 edition of Gauteng Business is the 11th issue of this highly successful publication that has established itself as the premier b...

Advertisement