10 months ago

Northern Cape Business 2022-23

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Since 2009, Northern Cape Business has established itself as the premier business and investment guide to the region. It is unique as a business and investment guide that focuses exclusively on the province. Specific investment opportunities are treated in detail in this journal, with a focus on geographic hotspots that are due to become the focus of sector focused infrastructure development.

FOCUS Upington

FOCUS Upington Industrial Park The Park offers excellent access, good infrastructure and investment security. Credit: ACWA Power Upington Industrial Park is situated next to Upington International Airport and therefore offers the potential investor the luxury and efficiency of various modes of transport. Through the industrial park programme, investors can enjoy a number of benefits, ranging from a controlled access point to the incentivised provision of infrastructure and relaxed municipal tariffs. Upington Industrial Park forms part of the Northern Cape Industrial Corridor. The project supports the ideals of the industrialised society and offers the following benefits to the keen investor: Business incubator: Harnessing the necessary skills required by the investor industry’s specific needs and training of SMMEs for future expansion. Supplier effectiveness and efficiency: Ensuring improved local capacity, capability, footprint and service levels. Logistics: Upington’s relationship with the SADC countries and the fact that several modes of transport come together in the town, make it an ideal logistics hub. Investment security: An investment in Upington will ensure a foothold into SADC and the rest of Africa, enabled with infrastructure, support services and several modes of transport. Variety of sectors Opportunities exist for investors in the Upington Industrial Park in many sectors. Renewable energy: Components manufacturing. The majority of solar investors in South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) are located in the Northern Cape. There is an increasing demand Credit: Dippenaar Choice Fruit NORTHERN CAPE BUSINESS 2022/23 10

for photovoltaic (PV) and concentrated solar power (CSP) in South Africa and Sub-Saharan Africa. The focus on the renewable energy sector is part of an international trend with many countries setting ambitious targets to be met in coming decades. Renewable energy deployment is one of the goals targeted in the 2030 Sustainable Development Goals (SDGs) by the United Nations (UN). Keen investors are invited to take up space in the UIP for generation, components manufacturing and any other energy-related activity. Aviation: Maintenance, repair and overhaul facility (MRO) and storage for aircraft. Airports Company South Africa (ACSA) is looking for investors to locate on prime land, to be involved in the maintenance, repair and overhaul of aircraft. Storage of these aircraft is another option given the unique climatic conditions offered by Upington. Automotive: Vehicle testing and long-term evaluation. Vehicle manufacturers are attracted to high temperatures, rough tracks and good roads. Upington International Airport specialises in providing a service to charter flights for the automotive industry. With the four biggest original equipment manufacturers (OEMs) testing their exploits every year in Upington for four months, it makes for a sound business proposition to invest in the Park and take opportunities in the automotive sector. Agro-processing: The ZF Mgcawu District in which Upington is situated is well known for producing export-quality grapes, citrus, dried fruit such as raisins, and other fruits. Given some of the most extreme weather conditions to be found anywhere in Sub- Saharan Africa, this sector is ready for investors who want to take advantage of the best grapes and dates in the world. An established market in Europe and other parts around the globe has already been established and interested investors are assured of the best products that will realise a speedy return on their investments. ■ Credit: Toyota “The Northern Cape: A Modern, Growing and Successful Province”

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