Views
4 years ago

Mpumalanga Business 2019/20 edition

  • Text
  • Africa
  • Transport
  • Water
  • Gas
  • Processing
  • Mining
  • Incentives
  • Sectors
  • Business
  • Investment
  • Parks
  • Forestry
  • Manufacturing
  • Highveld
  • Tourism
  • Sasol
  • Province
  • Economic
  • Industrial
  • Mpumalanga
The 2019/20 edition of Mpumalanga Business is the tenth issue of this highly successful publication that since its launch in 2008 has established itself as the premier business and investment guide for the province. In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special focus on the new life given to an established site at the Highveld Industrial Park and the Nkomazi Special Economic Zone (NSEZ). A useful article on what incentives are available to investors is included, and the Mpumalanga Economic Growth Agency (MEGA) gives investors some perspectives on what is available in the province. Mpumalanga has several investment and business opportunities in a wide range of sectors. Updated information on Mpumalanga is also available through our monthly e-newsletter, which you can subscribe to online at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title. Chris Whales Publisher, Global Africa Network Media

SPECIAL FEATURE

SPECIAL FEATURE Industrial parks and Special Economic Zones Dedicated zones and good rates are encouraging manufacturing. A Forestry Industrial Technology Park at Sabie will increase the value derived from the province’s trees. South African industrial planners are creating industrial parks and Special Economic Zones (SEZs) as a means to cluster together businesses that can benefit from proximity to one another and as a way to boost local manufacturing through incentives and tax rebates. The policy aims to attract new skills and develop new industries. Key goals behind the establishment of SEZs are: • to encourage industries to develop in clusters, leading to economies of scale, skills-sharing and easier access by suppliers • to create industrial infrastructure to promote investment • to promote cooperation between the public and private sectors • to use the zones as a launching pad for other developments. Ebrahim Patel, Minister of Trade and Industry, meets trainees at the Highveld Industrial Park. Apart from attracting foreign direct investment (FDI) and boosting employment, SEZs can also play a role in adding new sectors or sub-sectors to an economy. Various industrial parks (private or public) are pursuing similar goals. The emphasis in most of these initiatives is on beneficiation, mainly of minerals but also of agricultural products. South Africa’s most recent Industrial Policy Action Plan (IPAP) has a manufacturing focus, so beneficiation supports the diversification of the economy. A good example of the thinking on this subject is illustrated by the focus on forestry of the Mpumalanga Department of Economic Development and Tourism (DEDT). The department wants Mpumalanga to follow the example of Finland where every part of a tree is processed into products that have value. A memorandum of understanding signed by South Africa with Finland holds potential for Mpumalanga, as does the planned creation of a Forestry Industrial Technology Park at Sabie. DEDT has also asked the state forestry company, SAFCOL, to relocate its head offices to the province. SAFCOL is South Africa’s thirdlargest state-owned enterprise (SOE) and it had revenues in 2017/18 of R926-million. MPUMALANGA BUSINESS 2017/18 2019/20 18

Prime office and industrial space available FOCUS Highveld Industrial Park offers unique variety in a prime location. Highveld Industrial Park has over 60,000m² of prime warehousing and workshop space available for rental, industrial workshops – from 420 to 3,500 square metres. Vacant property is also available for greenfield projects, situated on 650 hectares of prime land. The warehouses and workshops are suitable for diverse purposes, including steel fabrication, warehousing, heavy and light vehicle and machinery maintenance. Six office blocks offer furnished and unfurnished office space which are also suitable for functions and training. Where is Highveld Industrial Park? • Within 80km of eight Eskom power stations • 90km from Pretoria via the N4 • 120km from Johannesburg on the N12 • 200km from Mbombela on the N4 • Has an internal rail and road network. Facilities: value-added services on-site • Diesel supply facility • Electricity supplied directly from the Eskom grid • Methane-rich natural gas directly supplied by Sasol • Abundant raw water and on-site purification • Round-the-clock maintenance services • Specialised environmental and laboratory support services • On-site rail siding • Canteen and laundry facilities • 24/7 security and access control • Emergency services: medical and fire-fighting 19 MPUMALANGA BUSINESS 2019/20

Other recent publications by Global Africa Network: