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SPECIAL FEATURE

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• S ulphuric acid (including pharmaManufacturing Mining • Zinc • Galvanising-Steel, Regional c e u t i c a l, a u to m o t i ve • Granite wire, tube Inputs • Copper • Super alloys-automotive, • Rare Earth batter ies and paper 9 nuclear 2 • Rose Quartz • Batteries Engineering Mineral • Slate • Roofing & supplies bleaching) Processing • Mine • Zinc processing plant • Fertiliser • Agri • Zinc smelter • Renewable energy • Copper processing plant • Transport • Explosives • Construction 3 • Paints 8 Petro-chemical Agriculture There is another category • Sulphuric acid • Fertilizer • Agriculture supplies NAMAKWA • Explosives • Agriculture volume of potential investors in the • Paints SEZ consolidation • Hydrogen production • Agriculture processing SEZ who will provide ancillary Economic • Fertilizer Phosphates & packaging 4 Cluster services to the companies 7 Contruction Pharmaceuticals using the by-products of the & food • Mine • Smelter • Zinc • Housing mine and smelter complex. • Food Additives • Regional 5 • Hoodia 6 • Harbour These include: • Dam Transport Localisation & Supplier Development • Construction Regional • Mine & Agriculture Regional • Incubator • Regional Exports Consolidation • Skills Development • Engineering • Depot + Services • Agri consolidation • Transport • Storage • Housing A third category of investor will provide power, over and above Benefits of SEZ investment what is available from the national grid. All of the enterprises within the SEZ will require power, so the opportunity exists for independent The planned Namakwa SEZ power producers to propose alternative energy sources. reflects a trend in South African The Northern Cape is already the country’s leading province industrial planning. National with regard to solar power, and there are also a number of windgovernment is supporting the power projects operating throughout the province. A total of 18 idea of creating industrial parks investments were made into the province between January 2011 and SEZs as a means to cluster and March 2016. Companies from a wide array of countries were together businesses that can among the successful investors including Enel Green Power (Italy), benefit from proximity to one ACWA Power International (Saudi Arabia), Mainstream Renewable another and as a way to boost Power (Ireland) and Accione (Spain). local manufacturing through incentives and tax rebates. The policy aims to attract new skills and develop new industries. SEZs are created in terms of an act of the national parliament, the Special Economic Zones Act of 2014 (Act 16 of 2014). The act defines an SEZ as “geographically designated areas of the country that are set aside for specifically targeted economic activities and supported through special arrangements and systems that are often different from those that apply to the rest of the country”. Lower corporate tax rates and duty-free imports NORTHERN CAPE BUSINESS 2020/21

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Profile for Global Africa Network

Northern Cape Business 2020/21 edition  

The 2020/21 edition of Northern Cape Business is the 10th issue of this highly successful publication that has, since its launch in 2009, es...

Northern Cape Business 2020/21 edition  

The 2020/21 edition of Northern Cape Business is the 10th issue of this highly successful publication that has, since its launch in 2009, es...

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