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Tag: IDZ

Over R1bn ploughed into Saldanha Bay IDZ

The Western Cape Government has unlocked R1.8 billion in provincial and private sector infrastructure funding for the Saldanha Bay Industrial Development Zone (IDZ) since 2014/15. Presenting her final State of the Province...

Who SEZ it’ll work?

The South African government has bet much of its economic growth on its Special Economic Zones (SEZs.) These precincts have been rolled out with varying levels of success across the world,...

Customs complex opens in Richards Bay IDZ

According to SAnews.gov.za KwaZulu-Natal MEC for Economic Development, Tourism and Environmental Affairs Sihle Zikalala has unveiled a R16m Customs Controlled Area (CCA) Gate Complex at the Industrial Development Zone in Richards Bay. ...

South Africa’s energy industry turns to gas

Seeking to reduce its dependence on coal-fired power, South Africa is shifting its energy mix toward natural gas and renewables. The country currently consumes around 180bn standard cu feet (scf) of gas...

OR Tambo IDZ to be launched

An Industrial Development Zone (IDZ,) with an investment of over R260m, will be launched today, Friday 11 September, at the OR Tambo International Airport. Trade and Industry (DTI) Deputy Minister,...

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Western Cape remains an attractive destination for foreign direct investment

Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...

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