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Mpumalanga Investment Prospectus 2022

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Companies in a wide range of sectors are already invested in Mpumalanga – and are ramping up the commitments with new investments. The 2022 Mpumalanga Investment Prospectus presents exciting opportunities for investment in Mpumalanga, including information about key sectors of the economy, business opportunities, government policies and programmes, and private sector success stories. The Mpumalanga Economic Growth Agency (MEGA) is the official Economic Development Agency for the Mpumalanga Provincial Government and is committed to making the process of investing in Mpumalanga or starting a business in the province easy.

A journey to a

A journey to a prosperous and inclusive future Mpumalanga Premier Refilwe Mtshweni-Tsipane invites investors to share in the growth of Mpumalanga, together with the residents of a province rich in resources and talent. On behalf of the Provincial Government and the people of Mpumalanga I wish to welcome this opportunity for our province to present its policies and programmes, business opportunities, and private sector success stories. Despite what many consider an uncertain global economic outlook, our province has embraced a post-Covid ascendance with bountiful opportunities that can be tapped into through entrepreneurship and collaboration. Mpumalanga is the home of more than 4.68-million residents (7.8% of the national population), and is the fifth-biggest regional economy in South Africa. It has a diverse and resource-rich economy that makes it one of the most attractive trade and investment destinations in South-East Africa. This publication is intended to expose potential investors and business communities to market opportunities in Mpumalanga relating to identified sectors such as agriculture, manufacturing, mining, tourism and renewable energy. We wish to welcome all interested parties to join us in an inclusive growth and sustainable development journey through innovative flagship projects such as the Mpumalanga Economic Reconstruction and Recovery Plan Premier Refilwe Mtshweni-Tsipane (MERRP), the Nkomazi Special Economic Zone (SEZ), the Mpumalanga International Fresh Produce Market (MIFPM) and many more outlined in the following pages. Private-public partnerships are bearing fruit in the tourism sector, as illustrated by the exciting Skywalk Project at God’s Window an d a hotel and conference centre under construction in Middelburg. We are delighted to welcome direct flights to our province from Eurowings Discover, a division of Lufthansa. A Just Energy Transition and Climate Change Working Group has been established to guide policy on these vital issues. Our province is aggressively pursuing the implementation of strategies for economic recovery from Covid-19 that will also foster diversification of its mineral-rich economy and increase labour absorption in its key sectors. The provincial government, together with districts, local municipalities and state-owned enterprises, has identified interventions that are aligned with the national Economic Reconstruction and Recovery Plan (ERRP). Mpumalanga has adapted elements of the plan to ensure relevance and effective implementation. This will help our economy to grow as we actively build back in a more efficient manner. We invite investors to join us on this journey to a more prosperous and inclusive future.

A new era of investing in Mpumalanga There are many varied and exciting opportunities for investment in Mpumalanga. Department of Economic Development and Tourism MEC Vusi Mkhatshwa outlines the dynamic investment climate in the province. Mpumalanga Province is increasingly being seen as an investment destination of choice and we are working hard to market it as such. Quarterly investment roundtable discussions in each of the province’s three districts have been held and international visits are promoting the province’s qualities. The Investment Summit is a culmination of this process, but it will also continue beyond the Summit. The private sector has announced huge investments in the province, targeting projects in solar energy, wind energy, biomass, battery storage, gas, wood-bonding material, hybrid fuel rods, waste gas from ferrochrome, land rehabilitation, reclamation of mine water and sustainable agriculture. We are proud to announce that the Mpumalanga Green Cluster has been granted membership of the ICN (International Cleantech Network). This gives the province access to over 15 000 tech companies, providing opportunities for information, knowledge, technology and business exchange, further boosting Mpumalanga’s prospects for job creation and investment attraction. These sorts of structures and partnerships are relatively new and are a way to ensure that the best aspects of government, business and academia can be applied towards development that unlocks jobs and investment. We see the Green Cluster as a key mechanism for the implementation of enabling investment in the Green Economy. Several energy projects have been launched. For example, investment commitments to the value of R75-billion in wind energy have been secured, which have the potential to create over 13 000 jobs. Municipalities are aware of the work that must be done to grow MEC Vusi Mkhatshwa the Green Economy. In support of potential new investments and working with the Office of the Premier, our department has successfully hosted an Energy Summit at eMalahleni, with the objective to create pathways for a “Just Transition”. Rebooting the economy to accommodate the Green Economy in a just way will create tremendous opportunities for creative investors in Mpumalanga. As an indication that we are on the right track, the Nkomazi Special Economic Zone already has an investment pipeline worth over R10-billion in the agroprocessing, green energy and logistics sectors. We invite other investors to join the new wave of investing in Mpumalanga!

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