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KwaZulu-Natal Investment Opportunities 2019 - 2021

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The province of KwaZulu-Natal has a number of characteristics that makes it a compelling investment destination on the African continent. This installment of the KwaZulu-Natal Investment Opportunities Booklet provides investors with an updated broad overview of the investment opportunities across various key sectors in the economy. It also highlights the key features that we believe make doing business in KwaZulu-Natal an attractive proposition. Unless otherwise specifically stated, the information contained herein is made available to the public by Trade & Investment KwaZulu-Natal and was deemed to be correct at the time of compilation. The intent of the information is to assist an individual seeking to learn about South Africa as an investment opportunity country, and KwaZulu-Natal as an investment destination for his or her business. Trade & Investment KwaZulu-Natal does not assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, product or process disclosed in this document. Reference herein to any specific commercial product, process, service, trademark, manufacturer, or otherwise, does not constitute or imply its endorsement, recommendation, or favouring by Trade & Investment KwaZulu-Natal. The views and opinions expressed herein do not necessarily state or reflect those of Trade & Investment KwaZulu-Natal.

05 BRIGHT IDEAS PROJECTS

05 BRIGHT IDEAS PROJECTS 1747 WWW.RBIDZ.CO.ZA LOCATION KING CETSHWAYO ECONOMIC SECTOR Manufacturing DESCRIPTION AND BACKGROUND The project involves the processing of Engineered Quartz Stone Slabs. The project’s unique selling points include: • New technology • Import substitution • Availability of local and foreign markets • Raw material (Quartz) being readily availability within SADC e.g. Mozambique and Zimbabwe TOTAL INVESTMENT VALUE R150 MILLION (.2 MILLION) JOBS CREATION Temporary Jobs: 150 Permanent jobs: 100 PROJECT STATUS • Projects Feasibility study is currently in progress. • Business Plan readily available • Market assessment conducted FINANCED BY • Blended finance from government and private sector, both domestic and international PARTNERSHIPS • Seeking equity partner/s with funding • Richards Bay Special Economic Zone • Umhlathuze Municipality 26

RESPONSIBLE INSTITUTION AND CONTACT DETAILS Mr Sibusiso Ndlovu Manager: Investment Promotions RBIDZ +27 35 797 2633 ssibusiso.ndlovu@rbidz.co.za PROJECT PROMOTER Mr Adnan Kara +27 31 577 9797 Asnan@stoneslabs.co.za If there is interest in this project please contact both the Project promoter at the responsible institution and the project manager to ensure that your query is addressed promptly 27

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