9 months ago

Northern Cape Investment Prospectus 2021

  • Text
  • Africa
  • Projects
  • Investment
  • Prospectus
  • Mining
  • Infrastructure
  • Opportunities
  • Sector
  • Renewable
  • Upington
  • Industrial
  • Economic
  • Cape
  • Northern


KEY INCENTIVES THE NATIONAL DEPARTMENT OF TRADE, INDUSTRY AND COMPETITION (dtic), in collaboration with other public and private sector entities, have developed a number of incentives schemes to assist with the growth of certain sectors. INCENTIVE SCHEME MANUFACTURING COMPETITIVENESS ENHANCEMENT PROGRAMME (MCEP) SECTOR SPECIFIC ASSISTANCE SCHEME (SSAS) CLOTHING AND TEXTILE COMPETITIVENESS IMPROVEMENT PROGRAMME (CTCIP) SUPPORT PROGRAMME FOR INDUSTRIAL INNOVATION (SPII) MANUFACTURING INVESTMENT PROGRAMME (MIP) 12I TAX INCENTIVE AUTOMOTIVE INVESTMENT SCHEME (AIS) PEOPLE-CARRIER AUTOMOTIVE INVESTMENT SCHEME (P-AIS) CRITICAL INFRASTRUCTURE PROGRAMME (CIP) AQUACULTURE DEVELOPMENT AND ENHANCEMENT PROGRAMME (ADEP) FOCUS OF SCHEME Machinery, equipment, plant, commercial vehicles, land and buildings. Non-profit business organisations in sectors and subsectors of industries prioritised by the dti. Manufacturers and other areas of the apparel value chain in South Africa Personnel related costs, travel expenses, direct material, capital items and tooling, software, documentation, testing and trials, licensing costs, quality assurance and certification, patent costs, and subcontracting and consulting. Local and foreign-owned manufacturers who wish to establish a new production facility, expand an existing production facility or upgrade an existing production facility in the clothing and textiles sector. Improvement of capital stock in manufacturing sector including tobacco, alcoholic beverage, arms and ammunitions, etc. Automotive sector through investment in new and/ or replacement models and components. People-carrier vehicles through investment in new and/or replacement models and components. Transport systems, electricity and distribution systems, telecommunications systems, transmissions systems, sewage systems, disposal and treatment systems, fuel supply systems. Stimulate investment in aquaculture to increase production, create jobs, encourage geographical spread and broaden participation. 36 BUSINESS PROCESS SERVICES (BPS) Offshoring activities for back office process, contact centres, finance and accounting services, human resources, IT, technical services, etc.

INCENTIVE SCHEME SOUTH AFRICA FILM AND TELEVISION PRODUCTION & CO-PRODUCTION INCENTIVE FOREIGN FILM AND TELEVISION PRODUCTION AND POST-PRODUCTION INCENTIVE LOCATION FILM AND TELEVISION PRODUCTION INCENTIVE BPO&O INVESTMENT INCENTIVE AND TRAINING SCHEME TOURISM SUPPORT PROGRAMME (TSP) CAPITAL PROJECTS FEASIBILITY PROGRAMME EXPORT MARKETING AND INVESTMENT ASSISTANCE SCHEME (EMIA) BLACK INDUSTRIALISTS SCHEME (BIS) FOCUS OF SCHEME Feature films, telemovies, television drama series or miniseries, documentary or documentary miniseries, documentary features, animations, digital content and video gaming. Large-budget films, television productions and post-production work. Attract big-budget overseas film and television productions. Attract BPO investment and create employment opportunities and skills development. Stimulate employment, broaden and expand the geographic spread of services on offer for tourism investment. A cost-sharing scheme, providing a contribution to the cost of feasibility studies that are likely to lead to projects outside South Africa that will increase local exports and stimulate the market for the South African capital goods and services. The purpose of assistance under the EMIA scheme is partially to compensate exporters for costs incurred in respect of activities aimed at developing export markets for South African products and services, and to recruit new foreign direct investment into South Africa. The purpose of Black Industrialists (BI) policy is to leverage the State’s capacity to unlock the industrial potential that exists within black owned and managed businesses that operate within the South African economy through deliberate, targeted and well-defined financial and nonfinancial interventions as described in the IPAP and other government policies. 37

Other recent publications by Global Africa Network: