Supporting growth industries
Since 2018, we have secured over R770 billion in investment commitments across a wide range of economic sectors as part of our ambitious drive to raise R1.2 trillion in new investment over five years.
While we help existing industries to grow, we are also nurturing new opportunities for growth and jobs. Government and the private sector have worked closely together to grow the global business services sector from a small group of companies to one of the world’s leading players.
The global business services sector is on track to create 500 000 new jobs over the next few years.
By the numbers
R773.6 billion
Invested in 152 projects
R52.7 billion
37 projects completed
5 000+
Jobs created
Special economic zones
Special economic zones (SEZs) are geographically designated areas set aside for specifically targeted economic activities. The programme focuses on driving and growing manufacturing-led industrialisation.
These 13 zones offer investors targeted investment incentives, preferential tax rates and export support. SEZs provide an attractive manufacturing base for companies seeking to supply both local and international markets.
Cumulative value of investments has increased by 18% year-on-year from R18 billion to R22 billion
In the media
Citibank SA invests in creation of new Vaal international airport
The local arm of US banking group, Citibank South Africa, has pledged R1.375 billion to develop a new infrastructure project in the Vaal area of Gauteng, which will include a new "sizeable" international airport.
News24
FIKILE MAJOLA: New approach to development of special economic zones
The literature is replete with case studies that illuminate how special economic zones (SEZs) have been instrumental in catalysing industrial development.
BusinessDay