PROFILEMaluti-A-Phofung
PROFILEMaluti-A-Phofung Free State Development SEZinvestment Corporation opportunities(FDC)The Driving SEZ is enterprise booming development with investment and to investment the tune of in R1.1-billon South Africa’s for 2020.most central province, the Free State.MAP SEZ CEO Mpho Mgemaneof of the traffic to to different locations in in South Africa and neighbouringcountries such as as Lesotho and Swaziland. Through its its cross-dockingprecinct and its its logistics and warehousing sectors the MAP SEZpresents itself as as a a solution to to lighten the traffic pressure on the N3.This Special Economic Zone (SEZ) is is part of of the Free State legof of the massive Durban-Free State-Gauteng logistics and industrialcorridor that is is intended to to strengthen the logistics and transportcorridor between South Africa’s main industrial hubs to:• • Ignite the economy of of the region through industrialisation.• • Attract foreign and direct investment.• • Create access to to export and import markets.• • Integrate Free State industrial strategy activities into the corridor.• • Create job opportunities and grow the economy within the region.Maluti-A-PhofungSpecial EconomicZone (MAP SEZ) hasbeen established in interms of of the Special EconomicZones Act No 16 of of 2014. Theprogramme is is intended to todeepen industrial developmentand The improve FDC contributes manufacturingto the Free State’scompetitiveness economic development in in the Maluti-through four service• Bridging finance for SMMEs with short-termcashflow problems with contracts or tenders.A-Phofung delivery pillars: region.ObjectivesSMME/co-operative Since the Durban funding port is is and As As support part of of its its mandate, Property the managementMAP SEZ is is intended to to establishthe The busiest FDC provides in in the products southernand services manufacturing to SMMEs opportunities The FDC and administers create a a regional a diverse and property internationalportfoliohemisphere, and co-operatives it it therefore in the meansform of financial trade environment support with and added can offer value-chain small to benefits. medium It enterprises It has also beensuitablethat (business the N3 loans) carries as the well majorityas business established development to to simulate premises social and at affordable economic rates. benefits The and corporation regionalhassupport (facilitating training and mentoring serviceproviders). The principal loan products offered toFree State entrepreneurs by the FDC are:some 253 commercial development properties, and to 290 to createindustrialproperties and a a prosperous large number trade of residential city andandvacant land for development.functional trade ecosystem.• Start-up loans for recently established businessesthat are mainly at formative stages.The corporation Finally, aims to to use to them encourageto facilitatecommercial and beneficiation industrial activity, activities while that assisting• Expansion loans offering viable and existingbusinesses the capital needed to expand.new investors looking promote for value-added suitable premises. benefitsThe FDC offers advice and help and to to guidance create a a prosperousin terms of the• Business take-over finance to assist potential following incentives: trade city and functional tradeclients to acquire a business as a going concern. • Subsidised rental ecosystem.rates.FREE STATE BUSINESS 2021 2025208
PROFILE PROFILE PROFILEMalutiinvestmThe The SEZ SEZ The is boom is SEZMAP MAP SEZ SEZ CEO MAP CEO Mpho SEZ• Rental holidays of up to three months.• Special incentives and discounts for BEEcompanies or individuals.Investor servicesThe FDC offers a range of services to investors andbusinesses looking to trade in the Free State. Theseinclude the following:• Project appraisal and packaging.• Promotion and facilitation of investment projectsand facilitation of access to finance.• Providing access to business and governmentnetworks and assistance with business retentionand expansion.• Information on statutory requirements,investment advice and assistance with investmentincentive applications and business permits.• Assisting with the development of localand international markets and facilitatingjoint ventures/equity partnerships throughidentification of local partners.Maluti-SpeciaZone Zon(MExport-related servicesbeen beeeThe FDC services to exporters include the terms Export terms ofMterms the of the Spec ofPromotion Programme, which aims to grow Zones demand Zones Act Zones Act No No 16 A1for Free State products in global markets programme throughprogram is is incapacity-building workshops, the dissemination deepen deepen industrial deepen diof trade leads, networking opportunities and and with improve improve and imp mainbound trade missions, product promotion competitiveness inthrough participation in outbound group A-Phofung missionsA-Phofun region.and on national and international exhibitions, Since Since the the Since Dur Daccess to national export-incentive programmes, the the busiest busiest the in bus in thmarket access information and technical advice hemisphere, on hemisph it ther it texporting procedures. ■that that the the N3 that N3 carries theCONTACT DETAILSMr Peterson MolukaneloGeneral Manager: Trade & Investment Free StateDevelopment Corporation (FDC)Email: petersonm@fdc.co.za | wecare@fdc.co.zaTel: 051 400 15009FREE STATE BUSINESS FREE FREE 2025 STATE STATE FREE BUSINESTA
