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
Loading...
Loading...
Loading...