SPECIAL FEATURE plant to be fired by Liquefied Natural Gas (LNG) is a potential game-changer. Investors still have to be found, but the potential spin-offs of such a plant are obvious, and would make the RBIDZ even more attractive to processors of minerals and manufacturers of every sort. The RBIDZ has secured or is working on an investment pipeline in sectors that include titanium processing, paint manufacturing, machinery and equipment assembling (for example, pipes), solar water heater manufacturing and services such as logistics. Construction on the R3-billion titanium pigment plant will begin in 2018. A number of incentives were helpful in persuading the investors (Nyanza Light Metals and Avertana) to choose RBIDZ, including accelerated depreciation, an investment allowance and a tax allowance. Excellent rail infrastructure linking the port to the mining areas of Mpumalanga and the proximity of the plant of phosphoric acid producer Foskor also contributed to the positive investment decision. The project will create about 550 permanent jobs and between 800 and 1 200 temporary jobs during the construction phase. The RBIDZ has been working for some time on positioning itself to take advantage of the opportunities in the Oceans Economy. RBIDZ sees itself getting involved in ship and rig repair, boat building and other opportunities such as aquaculture.
KWAZULU-NATAL BUSINESS 2017/18
INDABA LODGE RICHARDS BAY Catering to both business and leisure travellers, the Indaba Lodge Richards Bay is situated in the leafy suburb of Meerensee. The 66-bedroom Indaba Lodge is ideally located for both the corporate and leisure traveller within easy reach of the CBD, airport, harbour and waterfront, and it’s only a five-minute walk to Alkantsrand Blue Flag Beach. This vibrant Lagoon City encourages visitors to combine business with pleasure as they enjoy the lush beauty of this subtropical paradise combined with tranquil walks on miles of pristine beaches along the TuziGazi Coast. Richards Bay is the gateway to the famous Elephant Coast, Hluhluwe Umfolozi Big 5 Game Reserve and the Isimangaliso Wetland Park, a World Heritage Site. Towering Leopard Trees frame the modern facade of the hotel and give a deep shade appreciated by guests as they arrive at the Indaba Lodge Richards Bay. Fully air-conditioned rooms ensure that guests stay cool even in the summer months. The Lodge’s popular Trevally’s Restaurant offers a seasonal dinner buffet or a bistro-style à la carte menu. For a more informal option, light meals are offered on the deck or a craft beer or a sundowner cocktail can be enjoyed at the ice-top bar. Braai facilities are available on the pool deck.
Published on May 3, 2013
KwaZulu-Natal Business 2016/17 is the eighth edition of this highly successful publication that has since its launch in 2007 established its...