KWAZULU-NATAL - www.tikzn.co.za - INVESTMENT OPPORTUNITIES 2018/19 - Trade and Investment KZN
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KWAZULU-NATAL
INVESTMENT OPPORTUNITIES 2018/19
29° 0’ 0” S, 31° 0’ 0” E
KWAZULU-NATAL
SOUTH AFRICA
www.tikzn.co.za
ZONES K W A Z U L U - N ATA L www.kznedtea.gov.za www.tikzn.co.za
CONTENTS
Foreword by MEC
Message from the CEO
01. South Africa as an Investment Destination
02. Introducing the Province of KwaZulu-Natal
03. Economic Overview
04. KwaZulu-Natal Investment Opportunities
1. Blythedale Coastal Estate
2. Cato Ridge Logistics Hub
3. Dube TradePort Special Economic Zone
4. Durban Eye/Wheel
5. Durban Film City
6. Durban Point Waterfront
7. Eldorado Estate
8. Ethala Biofuels
9. Finningley Eco Estate Development
10. Microsul Engineering
11 Mkhuze Regional Airport
12. Nonoti Beach Resort Development
13. Ntshongweni Urban Development
14. ProStar Export Paint
15. Richards Bay Industrial Development Zone
16. Richards Bay Leather and Accessories
17. Tipper Wagons Manufacturing
18. Sibaya Coastal Precinct
19. The Woods Estate
20. Thukela Lifestyle Resort
21. Tinley Town Integrated Development
22. Ugesi Wire and Cable
23. Umhlanga Ridge Town Centre - Oval Sites
24. Virocare
25. Wewe Driefontein
26. Zululami Coastal Estate
DISCLAIMER
Unless otherwise specifically stated, the information contained herein is made available to the public by Trade & Investment
KwaZulu-Natal and was deemed to be correct at the time of compilation. The intent of the information is to assist an
individual seeking to learn about South Africa as an investment opportunity country, and KwaZulu-Natal as an investment
destination for his or her business. Trade & Investment KwaZulu-Natal does not assume any legal liability or responsibility
for the accuracy, completeness, or usefulness of any information, product or process disclosed in this document.
Reference herein to any specific commercial product, process, service, trademark, manufacturer, or otherwise, does not
constitute or imply its endorsement, recommendation, or favouring by Trade & Investment KwaZulu-Natal. The views and
opinions expressed herein do not necessarily state or reflect those of Trade & Investment KwaZulu-Natal.
Document update: October 2018
3
FOREWORD BY THE MEC FOR
KWAZULU-NATAL DEPARTMENT
OF ECONOMIC DEVELOPMENT,
TOURISM & ENVIRONMENTAL
AFFAIRS
next five years. These opportunities are
across all priority sectors of this province
Mr Sihle Zikalala, inclusive of manufacturing, tourism and
MPL property development, agro-processing,
MEC for Economic renewable energy and health care.
Development,
Tourism & As government, we will continue working
Environmental Affairs tirelessly in creating a conducive
environment for these investment
opportunities to be realised. It is worth
It gives me pleasure noting that our province has gradually
to launch the KwaZulu-Natal Investment moved to being a tertiary-sector
Opportunities Booklet for the 2018/2019 economy, with the services sector
financial year which is the product of a accounting for more than 60% of the
collaborative effort between the private province’s economy.
sector, individual project promoters and
government. There is however, a strong move to re-
industrialise the economy to create
The booklet contains approximately $19.1 much needed employment that would
billion worth of investment opportunities help curb the triple challenge of poverty,
that have a potential of creating in excess unemployment and inequality.
of 800 000 construction jobs and 415 000 We are indeed delighted to note a growth
permanent job opportunities over the trajectory with respect to investments
4
flowing into the province to ensure that Special Economic Zones (SEZs) at Dube
we continue contributing to South Africa’s Trade Port (incorporating King Shaka
socio-economic transformation through International Airport) and the Richards
various sectors such as manufacturing; Bay Industrial Development Zone which
petro-chemicals; clothing and textiles; both continue to be flagship instruments
pulp and paper products); finance and that attract a wide range of investments.
real estate; wholesale and retail trade; They also promote and enhance the
hotels; transport and communications competitiveness of the province’s
and as well as agriculture and forestry. manufacturing sector and provide
opportunities for exporters located
Our efforts to position the province as an throughout the province to get to the
ideal location for investment is inspired global markets.
by the advent of two of Africa’s busiest
ports in Durban and Richards Bay, As the Provincial Government we have
supported by world-class road and rail every reason to be confident about a
infrastructure. brighter future for people as we continue
preparing the province for both domestic
KwaZulu-Natal therefore enjoys an and foreign investment essential to grow
exciting strategic and competitive the economy to unleash more business
advantage of being a global gateway for and employment opportunities. Together,
trade into Southern Africa region and the let us make KwaZulu-Natal a winning
rest of the world. province.
Moreover, the province boasts two
5
MESSAGE FROM THE
CHIEF EXECUTIVE
OFFICER
throughout the province of KwaZulu-
Natal with concise project descriptions,
information on locations, current status,
Mr Neville Matjie,
ownership, return on investment and
CEO
important project requirement.
Trade & Investment
KwaZulu-Natal KwaZulu-Natal is home to South Africa’s
second largest economy, with Trade
& Investment KwaZulu-Natal geared
to promote the Province’s competitive
Trade & Investment advantages as a world-class business
KwaZulu-Natal (TIKZN) is a South African investment destination and to encourage
trade and inward investment promotion trade by assisting local companies to
agency, established to specifically identify new markets for the export of their
promote the province of KwaZulu-Natal products.
as a premier investment destination and
to facilitate trade by assisting locally- The organisation is dedicated to creating
based business enterprises to access an environment in the province that is
international markets. conducive to business development and
attractive to both local and international
The investment opportunities booklet is investors.
one of the tools that has been developed
in line with the strategy of showcasing the We trust that this intent is supported by
province to potential investors. this concise listing and impacts on our
organisation’s efforts towards the socio-
The document has been created as an easy economic advancement of KwaZulu-Natal
reference in identifying packaged projects and its people.
6
Trade & Investment KwaZulu-Natal needs of the KwaZulu-Natal community.
identifies, develops and packages Trade & Investment KwaZulu-Natal
investment opportunities in KwaZulu- reaffirms its commitment to promote the
Natal; provides a professional investment investment opportunities which exist in this
promotion services to all clientele; province and we seize every opportunity to
brands and markets KwaZulu-Natal as market the KwaZulu-Natal province as the
an investment destination; retains and investment destination going forward.
expands trade and export activities and
links opportunities to the developmental
7
01 SOUTH AFRICA AS AN
INVESTMENT DESTINATION
South Africa is one of the world’s most strongly supported by well-developed
sophisticated emerging markets. The infrastructure, is equipped with every
unique combination of a highly developed convenience and delivers the high levels
first world economic infrastructure and of service expected by the business world.
a huge emergent market economy has
given rise to a strong entrepreneurial and The country is rated 61 among the top
dynamic investment environment. South ranked globally competitive economies.
Africa has achieved a level of macro- It is also ranked 47th in business
economic stability not seen in the country sophistication, which translates to an
for 40 years. enviable 44th position in financial markets
development in 2018.
These advances create opportunities for
real increases in expenditure and social The country is ranked 10th in investor
services and reduce the cost and risk of protection. The Johannesburg Stock
doing business, thus laying the foundation Exchange is one of the best regulated
for increased investment and economic stock exchanges world-wide and is ranked
growth. the 17th largest stock exchange in the
world at 1,1 trillion by market capitalisation
South Africa is one of the world’s and the largest in Africa.
top business destinations and is
8
WORLD MAP AFRICA
02 INTRODUCING THE PROVINCE
OF KWAZULU-NATAL
KwaZulu-Natal, as the second largest African continent, provide evidence of the
contributor to the country’s GDP, is South province’s world-class infrastructure.
Africa’s second largest economy.
KwaZulu-Natal is a major role-player in
KwaZulu-Natal has much to offer both local the manufacturing, agricultural, transport
and international investors. One of South and logistics sectors in South Africa. The
Africa’s nine provinces, KwaZulu-Natal economic structure in this province is based
has natural and man-made infrastructure, on a large manufacturing sector, in which
making it a very convenient destination to growth is driven by the paper products
deliver the high levels of service expected by industry, ferro-alloys (such as aluminium)
the business world. and other chemicals. Further significant
sub-sectors include motor vehicle and
The province is strategically located and component manufacture, printing and
boasts two of South Africa’s busiest and publishing, food and beverage production,
largest ports, Durban and Richards Bay. It non-electrical items, iron and steel, wood
also boasts the highest export propensity furniture, textiles and clothing. It is also a
and the highest level of industrialisation in premier domestic and international tourist
the country. It is home to Africa’s first green- destination, attracting in excess of two
field aerotropolis (with Dube TradePort million domestic tourists every year, the
at its heart), world-class road, rail and air highest in the country.
infrastructure, fast-growing air connectivity
(with new regional and international flights Public and private investment in KwaZulu-
launched annually). Natal continues to play a major contributing
role to South Africa’s growing economy
Dube TradePort, which is home to King and its favourable business environment
Shaka International Airport, the Inkosi has seen this province emerge as a sound
Albert Luthuli International Convention investment destination for investors from
Centre and two of the largest ports on the around the world.
9
SOUTH AFRICA KWAZULU-NATAL
03 ECONOMIC
OVERVIEW
South Africa KwaZulu-Natal
Official Name Republic of South Africa Province of KwaZulu-Natal
Head of State President Cyril Ramaphosa
Provincial Premier Premier Mr TW Mchunu
Cape Town (Legislative);
Capital Cities Pretoria (Administrative); Pietermaritzburg
Bloemfontein (Judicial)
Population 57 million (2018) 11,4 million (2018)
Area 1 220 813km2 94 361km2
Total GDP R4,3 trillion (2018) R692 billion
GDP Growth 1,3% (2017) 1,7% (2017)
GDP Per Capita R92, 410 R57, 048
Inflation (EOP) 5,1% (July 2018) 5,1% (July 2018)
Exports Value R1,3 trillion R139,7 billion
Imports Value R1,2 trillion R120,2 billion
Main Trading Partners USA, Japan, China, Germany USA, United Kingdom, China
1004
KWAZULU-NATAL
INVESTMENT
OPPORTUNITIES
111 BLYTHEDALE COASTAL
ESTATE
WWW.BLYTHEDALE.CO.ZA
WWW.ELAN.CO.ZA
PROJECT LOCATION estate opportunities that the African
continent has to offer. https://www.elan.
co.za/company-portfolio/
PROJECT SECTOR
• Property Development
INVESTMENT VALUE
KwaDukuza • The rand value of the project is
Municipality
R15 billion ($1 billion). Both debt and
equity investment partners and funders
are sought.
JOBS CREATION
COMPANY NAME AND BACKGROUND • 110 000 construction jobs and 15 000
eLan Property Group, Blythedale permanent jobs are created through
Coastal Estate the Blythedale Coastal Estate
• The eLan Group has become a leader Development.
in real estate development, marketing &
sales of hospitality investment projects PROJECT DESCRIPTION
and more recently, diversified into other • Blythedale Coastal Estate is a
investment opportunities; comprehensive, integrated resort estate
• eLan has facilitated developments in offering seven nodes of development,
excess of R10 billion ($6.7 million), over 1 100 hectares, 3.2km of coastline,
including one of the fastest selling 2.9km of river frontage and 320 hectares
residential estates in the country, of pristine indigenous forest, including
Simbithi Eco Estate in Ballito. The 5 000 homes, in excess of 30 000 m2 of
Group is now focused on developing the retail, and extensive resort opportunities.
Blythedale Coastal Estate on the North
Coast of KwaZulu-Natal; and FINANCED BY
• eLan Property Group wish to partner • To date in excess of R500 million
with those who share a passion for of private investor funds have been
investing in the vast hospitality and real invested into the creation of this
12development. • Interest from several hotel and resort
groups for the hospitality opportunities
PROJECT STATUS has been expressed.
• All technical processes have been
approved (Environmental Impact PARTNERSHIPS
Assessment, Geotechnical studies, traffic • Partnerships bringing equity, funding and
impact assessment, zoning and concept resort management are of key interest;
designs); • National and provincial government;
• Zoning has been approved and the • Private sector;
process is complete; • Local government; and
• The first 23 sites have been serviced; • Economic development agencies.
• Housing plans are in the approval stage
and development is due to commence;
and
PROJECT PROMOTER RESPONSIBLE INSTITUTION AND CONTACT
Mr Mark Taylor DETAILS
Chief Executive Officer Mr Innocent Hlongwana
eLan Property Group General Manager: Investment Promotion
+27 83 655 7777 Trade and Investment KwaZulu-Natal
mark@elan.co.za +27 31 368 9600
innocent@tikzn.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
132 CATO RIDGE
LOGISTICS HUB
WWW.TIKZN.CO.ZA
PROJECT LOCATION PROJECT SECTOR
• Logistics services and Infrastructure.
INVESTMENT VALUE
• Project value is estimated at R17 billion
( $1.13 billion).
NO. OF JOBS TO BE CREATED
• At full development, the project will yield
eThekwini
an estimated 5 000 construction jobs
Metro
and over 6 000 permanent jobs.
DESCRIPTION OF THE PROJECT
• Project involves development of a
COMPANY NAME AND BACKGROUND logistics hub consisting of an intermodal
Cato Ridge Logistics Hub Consortium facility, a truck stop, a logistics park and
• The project is focusing on the proposed fuel tank farm. The project will also assist
establishment of the Cato Ridge in the decongestion of the Durban Port
Intermodal Facility and the Logistics by railing the cargo from the port to Cato
Hub; Ridge, thus relieving the Durban Port
• Cato Ridge is located 50 kilometres area and the CBD and N3 out of Durban.
on the western corridor from the Port
of Durban. Transnet wishes to reduce FINANCED BY
congestion in the City of Durban and • Approximately R100 million ($6.6 million)
streamline transportation of cargo shareholders funds has been used to
through establishing an Intermodal date and currently concluding Joint
Facility at Cato Ridge; Development Agreements with key
• The project is aimed at using rail from development banks.
the Port of Durban up to Cato Ridge,
where trucks can pick up containers PROJECT STATUS
earmarked for inland destinations; and • The pre-feasibility study outlining
• This is a private sector and AmaXimba business opportunity is complete;
community driven development. • Project basic Environmental Impact
14Assessment is complete; PARTNERSHIPS
• Preliminary infrastructure design plan is • A multi stakeholder Steering Committee
complete; including community representatives,
• Layout plan included in the Local Area private sector and key government
Plan; departments has been formed.
• Preliminary infrastructure design plan
complete;
• Full development Traffic Impact
Assessment complete and submitted to
SANRAL, Ethekwini and KwaZulu-Natal
Department of Transport.
PROJECT PROMOTER RESPONSIBLE INSTITUTION AND CONTACT
Mr Sibusiso Mazibuko DETAILS
Executive Chairperson: Cato Ridge Mr Innocent Hlongwana
Logistics Hub Consortium General Manager: Investment Promotion
+27 31 782 0053 Trade and Investment KwaZulu-Natal
sbu@crlhc.co.za +27 31 368 9600
innocent@tikzn.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
153 DUBE TRADEPORT
SPECIAL ECONOMIC ZONE
WWW.DUBETRADEPORT.CO.ZA
PROJECT LOCATION agricultural opportunities
TARGETED SECTORS
• Medical and pharmaceutical production
and distribution;
• Electronics manufacturing and
assembly;
• Aerospace and aviation-linked
manufacturing and related services;
• Agriculture and agro-processing;
eThekwini Metro
• Clothing and textiles; and
• Automotive manufacturing and
assembly.
Supplementary sectors include:
COMPANY NAME AND BACKGROUND • Freight-forwarding and aviation services;
Dube TradePort Special Economic Zone • Warehousing and storage;
• One of South Africa’s top 10 investment • Logistics and distribution;
opportunities; • Light manufacturing and assembly;
• A designated Special Economic Zone • High-tech and automotive industries;
(SEZ); • General manufacturing;
• 50-year master plan developed for over • Renewable industry; and
3 000 hectares site; • Cold storage.
• It is ideally positioned 30 minutes from
Africa’s busiest cargo port, Durban INVESTMENT VALUE
Harbour, and 90 minutes from Richards • R2.7 Billion ($180 million) of secured
Bay Harbour; private sector Investment composed
• Greenfield development, purpose-built of operational investors and investors
to facilitate airport-related business; signed lease agreement but not yet
• Home to King Shaka International operational. These projects are in
Airport; and sectors such as logistics, manufacturing,
• This is the only facility in Africa pharmaceutical, automotive and
combining an international airport, electronics; and
dedicated cargo terminal, together with • Targeting R18 billion ($1.2billion) of
warehousing, office, retail, hotel and investment over the next 5 years.
16NUMBER OF JOBS TO BE CREATED available to private sector through lease
• Projected permanent jobs over 5 years: agreements.
4 792;
• Projected temporary Jobs over 5 years: PROJECT STATUS
10 401; and • 35 hectares of serviced land available
• As at July 2018, there were 3 112 for potential investors;
permanent jobs created by operational • Customised solutions for investors
investors in the zone. (e.g. serviced sites and fit-for-purpose
buildings);
DESCRIPTION OF THE PROJECT
Development consists of: The project (through the SEZ) offers:
• Dube Cargo Terminal: A state-of-the-art • Preferential 15% Corporate Tax for
cargo facility; qualifying entities;
• Dube TradeZone: 77 hectares of • Building Allowance: 10% per annum for
serviced land within a SEZ; qualifying buildings and fixed structures;
• Dube City: 12 hectares of premium • Employment Incentives for low salary
office, retail and hospitality space; and workers;
• Dube AgriZone: world-class facilities • Customs Controlled Area: Import duty
and technical support for propagating, rebates for production-related and
growing, packing and distributing high- exported products, and VAT exemptions
value perishables. under specific conditions for supplies
procured in South Africa;
FINANCED BY • Enhanced 12i Tax Incentive: designed to
• Government as the owner of the support greenfield investments, as well
property is responsible for bulk as brownfield investments; and
infrastructure installation through the • High-end Infrastructure: funded through
Special Economic Zone Fund and the the provincial government and SEZ
KwaZulu-Natal provincial government Fund;
budget funding. Serviced land is made
17PARTNERSHIPS
• National and provincial government;
• Private sector;
• Local government; and
• Economic Development Agencies.
TONGAAT
WESTBROOK
R102
M43
DUBE DUBE TRADEZONE 3 USHUKELA
TRADEZONE 5
DUBE TRADEZONE 2
DUBE AGRIZONE 1 DTP AIRSIDE Planned roads
VERULAM DUBE AGRIZONE 2
DUBE TRADEZONE 1
SUPPORT ZONE 3
DUBE CARGO Existing roads
TERMINAL
M65
KING SHAKA
INTERNATIONAL AIRPORT
DUBE
R102 Provincial roads
TRADEZONE 4
SUPPORT ZONE 1B
DUBE CITY 1A
N2 National roads
MOUNT
MORELAND SUPPORT ZONE 2
WATERLOO
Rail
M4
15 MIN TO UMHLANGA
20 MIN TO BALLITO
20 MIN TO DURBAN CBD
LA MERCY 95 MIN TO RICHARDS BAY HARBOUR
N
45 MIN TO DURBAN HARBOUR
M27
DTPC 50 YEAR MASTER PLAN
KZN AUTOMOTIVE SUPPLY PARK UMDLOTI VERSION 4.1
68KM SOUTH
DATE: JUNE 2018
PROJECT PROMOTER RESPONSIBLE INSTITUTION AND CONTACT
Ms Dumisile Mbatha DETAILS
Investment Promotion Manager Mr Innocent Hlongwana
Dube TradePort SEZ General Manager: Investment Promotion
+27 32 814 0000 Trade and Investment KwaZulu-Natal
invest@dubetradeport.co.za +27 31 368 9600
innocent@tikzn.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
184 DURBAN
EYE/WHEEL
WWW.ZULU.ORG.ZA
PROJECT LOCATION cabins which holds 16 passengers
each and will take passengers 78metres
above the ground on a 15 to 20 minute
4-revolution ride. The wheel will also
offer two wheelchair friendly, VIP cabins
and cocktail- accessible cabins.
PROJECT SECTOR
• Tourism
eThekwini
Metro
INVESTMENT VALUE
• R 375 million ($25 million)
JOBS CREATION
• 42 direct, and
COMPANY NAME AND BACKGROUND • 100 construction jobs.
• BjP High Site Acquisition & Projects
(Pty) Ltd (referred to as BjP) is a Black DESCRIPTION OF THE PROJECT
owned and managed business entity. • The project entails development of a
The company identified an opportunity Durban Eye/ Wheel along the beachfront,
to erect a giant observation wheel along Durban.
the Durban beachfront to be known as
The Durban Eye; and FINANCED BY
• The Durban Eye is a R375 million • Currently seeking funding for the project
($25 million) project for a giant
observation Ferris wheel that offers a PROJECT STATUS
spectacular 360 degree panoramic view • Feasibility study and business plan
of Durban city from the iconic and vibrant for the Durban Eye/ Wheel project has
beach front. The Durban Eye will consist been completed
of 27 fully enclosed air conditioned • Investors and funders are needed.
19PARTNERSHIPS
• Partnerships bringing equity, debt
funding and operations are of key
interest;
• Provincial government;
• Private sector;
• Local government; and
• Economic Development Agencies.
PROJECT PROMOTER RESPONSIBLE INSTITUTION CONTACT
Mr Tumi Mokgatle DETAILS
Project Owner Mr Abie Wentzel
+27 83 292 1193 Project Manager: Tourism Development
boitumelo.mokgatle1@gmail.com Tourism KwaZulu-Natal
+27 31 366 7500
abie@zulu.org.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
205 DURBAN
FILM CITY
WWW.KWAZULUNATALFILM.CO.ZA
PROJECT LOCATION African content and talent.
PROJECT SECTOR
Film, media and entertainment
INVESTMENT VALUE
R7.5 billion ($500 million)
JOBS CREATION
• 17 000 construction jobs over project
periods of five years;
• 4 300 permanent operational jobs;
eThekwini
Metro
• Job opportunities for unskilled and
semi-skilled labour; and
• 300 opportunities for SMME’s, women-
owned businesses, youth, the disabled,
COMPANY NAME AND BACKGROUND broad-based empowerment entities and
Videovision Entertainment entrepreneurs.
• Headed by renowned film producer,
Anant Singh, the company has produced DESCRIPTION OF THE PROJECT
more than 80 films among which are • Durban (eThekwini) Film City is a
‘Sarafina!’, ‘Cry, the Beloved Country’, landmark project, the likes of which has
‘Red Dust’, ‘Shepherds and Butchers’ never been attempted in South Africa.
and the Academy Award nominated Located on the Natal Command site on
films ‘Yesterday’ and ‘Mandela: Long the Durban beachfront, the development
Walk To Freedom’; comprises of a number of components
• Videovision Entertainment is also a that work together and individually
leading independent film distributor, to ensure economic viability, while
having acquired in excess of 3 500 changing the face of Durban, its tourism
international films for distribution in offering and local lifestyles to world
South Africa; and class standards, integrating film studios
• Videovision Entertainment is committed with tourism, lifestyle and entertainment
to the ideals of independent filmmaking elements, thereby creating a must-see-
and to creating a global profile for South must-do attraction for Durban.
21The key elements of the development are: PROJECT STATUS
• Durban (eThekwini) Film Studios; The • Feasibility and business plan completed;
Film Industry Precinct- “Freedom • Land transfer in progress; and
Square”; Film Festival Park; Art • Developer working with eThekwini’s
Studios & Galleries; Markets of the Catalytic Projects team and relevant
World - Inspired by the films of South departments on planning matters.
Africa and the World; Beachfront
Precinct- “Ocean Drive”. PARTNERSHIPS
• A variety of partners would be
FINANCED BY required to facilitate the investment,
• Privately funded and project seeks including national, provincial and local
private investors. government.
PROJECT PROMOTER RESPONSIBLE INSTITUTION AND CONTACT
Nilesh Singh DETAILS
Video Entertainment Mr Innocent Hlongwana
+27 31 204 6000 General Manager: Investment Promotion
nilesh@videovision.co.za Trade and Investment KwaZulu-Natal
+27 31 368 9600
innocent@tikzn.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
226 DURBAN POINT
WATERFRONT
WWW.TIKZN.CO.ZA
WWW.DURBANPOINT.CO.ZA
PROJECT LOCATION the proposed Development Plan will
yield a range of measurable positive
impacts, in the immediate area of the
development, in the CBD, in respect of
job creation, rates revenue, national tax
revenue, as a contribution to the overall
quality of the City of Durban. The local
existing property values are likely to
increase by 10% and Central Durban
property values are likely to increase by
5%.
eThekwini
Metro PROJECT SECTOR
• Tourism and Property development
INVESTMENT VALUE
COMPANY NAME AND BACKGROUND • Approximately R35 billion ($2.3 billion)
UEM Sunrise
• This is a R35 billion ($2.3 billion) JOB CREATION
development to take place over a period • Approximately 11 000 construction
of 15 years; jobs will be created and 6 750 more
• The development is funded by a permanent jobs will be created upon
Malaysian company which owns 81%, completion of the development.
whilst 19% is owned by a local Black
company, Rockpoint. The project will PROJECT DESCRIPTION
create about 5 000 job opportunities; • Featuring world-class beachfront
• The development is anticipated to ambience, the project will include mixed-
become a key attraction area, injecting use developments, residential units,
about R200 million ($13.3 million) retail outlets and restaurants, 5-star &
annually into the city’s rates base and 6-star hotels, A-grade & B-grade office
anticipated GDP / GVA contribution of blocks, and a beachfront promenade
more than R700 million ($46.7million) with public amenities.
upon completion; and
• A socio-economic assessment of the FINANCED BY
development proposals concluded that • Government incentive & shareholders
23funding; and • Beachfront Promenade is under
• Approximately R550 million ($36.7 construction (approximately 750meters
million) has been invested in the project in length & 35meters in width).
to date mainly for bulk infrastructure
development. PARTNERSHIPS
• Identify potential partnerships with
PROJECT STATUS South African B-BBEEs & funding,
• Overall development period will be 15 • Identifying investors with good market
years and development will be done in brand & experience which will also add
3 phases; value to the development;
• The project has received all development • National and provincial government;
approvals; • Private sector;
• Phase 1 Infrastructure (Bulk Water & • Local government; and
Sewer) completed in October 2017; and • Economic development agencies.
PROJECT PROMOTER RESPONSIBLE INSTITUTION AND
Mr G. Bevarah Soban Baabu CONTACT DETAILS
Head of Operations Mr Innocent Hlongwana
UEM Sunrise General Manager: Investment Promotion
+27 31 337 3460 Trade and Investment KwaZulu-Natal
+27 60 693 6340 +27 31 368 9600
bevarah.soban@uemsunrise.uemnet.com innocent@tikzn.co.za
www.durbanpoint.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
247 ELDORADO
ESTATE
WWW.TIKZN.CO.ZA
PROJECT LOCATION
INVESTMENT VALUE
• The overall project investment will be
R700 million ($47 million).
JOBS CREATION
• 1 800 construction jobs and 650
permanent jobs will be created through
the development of Eldorado Estate.
PROJECT DESCRIPTION
eThekwini
Metro
• Eldorado Estate will comprise of 750
residential opportunities;
• The Estate will be a residential mixed-
COMPANY NAME AND BACKGROUND land use offering freehold, sectional-
Rowles Property Group, Watercrest Mall title and retirement accommodation
• Founded in 1997 and headed by CEO opportunities; and
David Rowles, the Rowles Group has • The 16 hectare site overlooks the Durban
focused on real estate development Metropolitan Open Space conservation
in the Outer West region of eThekwini node and fronts onto the Nkutu river.
Municipality. It has been involved
in retail, residential and industrial FINANCED BY
investment projects; and • The project is currently seeking private
• The Outer West region of KwaZulu-Natal investor and debt funding.
has experienced strong growth over
the last 20 years and the Rowles Group PROJECT STATUS
have been at the forefront of real estate • The proposed land uses are being
development in the region. researched and the site development
plan is being completed.
PROJECT SECTOR
• Property Development
25PARTNERSHIPS
• No joint venture partnerships have been
signed on this project;
• Local government; and
• The project is seeking private investor
and debt funding.
PROJECT PROMOTER RESPONSIBLE INSTITUTION AND CONTACT
Mr. David Rowles DETAILS
Chairman: Rowles Group Mr Innocent Hlongwana
+27 83 654 1114 General Manager: Investment Promotion
dgrowles@wsc.co.za Trade and Investment KwaZulu-Natal
+27 31 368 9600
innocent@tikzn.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
268 eTHALA
BIOFUELS
WWW.ETHALA.CO.ZA
PROJECT LOCATION raw material;
• Whilst the bioethanol policy is in
discussion, the project promoter has
prioritised production of biodegradable
lubricants from sweet sorghum. This
initiative is supported by a technological
partner from USA, Novvi. The project
promoter has approached IDC and
African Development Bank for funding;
and
• The energy that will be generated from
uMuziwabantu
Municipality biomass (waste from Imfe) will generate
30 MW of electricity which can supply
30 000 households. Job opportunities
will largely benefit Black communities
COMPANY NAME AND BACKGROUND from the plantation phase through to
eThala Biofuels processing phase.
• eThala BioFuels is a South African
BEE Level 1, 100% Black-owned and PROJECT SECTOR
Black female-led company, with locals • Agro-processing
having a reserved stake through their
land contribution. The project entails INVESTMENT VALUE
biorefinery of sweet sorghum (iMfe) • R5 billion ($333 million) at full completion.
syrup to biodegradable, renewable
biomaterials (Bagasse; Bioethanol; JOBS CREATION
Farnasene; Biogas) that can be • Estimated permanent jobs is 200; and
processed to bioelectricity, heat and • Construction jobs estimated at 5 000.
power, biofuels, bio-base oils, renewable
jet fuel, renewable diesel, with CO2 and DESCRIPTION OF THE PROJECT
biofertiliser as sellable by-products. • The project entails biorefinery of sweet
35 000 hectares of land has been secured sorghum (iMfe) syrup to biodegradable,
from the communities for plantation of renewable biomaterials (Bagasse;
27BioEthanol; Farnasene; BioGas) that can costings have been completed; and
be processed to bioelectricity, heat and • Feasibility and preliminary designs are in
power, biofuels, bio-base oils, renewable progress
jet fuel, renewable diesel, with CO2 and
biofertiliser as sellable by-products. PARTNERSHIPS
• National and provincial government;
FINANCED BY • Private sector;
• Project seeks private investors • Local government;
• Economic development agencies; and
PROJECT STATUS • African Development Bank.
• Project pre-feasibility, business plan and
PROJECT PROMOTER RESPONSIBLE INSTITUTION CONTACT
Mr Pita Jabulani L Mbatha DETAILS
eThala Group COO Mr Innocent Hlongwana
+27 83 760 2900 General Manager: Investment Promotion
pita@ethala.co.za Trade & Investment KwaZulu-Natal
+27 31 368 9600
innocent@tikzn.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
289 FINNINGLEY
ECO ESTATE
WWW.TIKZN.CO.ZA
PROJECT LOCATION JOBS CREATION
• At full development, the project will yield
an estimated 95 000 construction jobs
and over 277 000 operational jobs.
DESCRIPTION OF THE PROJECT
• The project entails integrated
transformation of 3 000ha of agricultural
land for the development of the resort,
school, research facilities, racetrack, an
Umdoni airport, residential area, agricultural and
Municipality industrial development.
COMPANY NAME AND BACKGROUND FINANCED BY
Finningley Eco Estate • Bulk Infrastructure to be installed
• The project entails transformation of by government and international
around 3 000 hectares of agricultural organisations; and
land for the development of the resort, • Private investors
school, research facilities, racetrack, an
airport, residential area, agricultural and PROJECT STATUS
industrial development; and • Feasibility study has been completed;
• The project is located 50km south of • Environmental Impact Assessment
the city of Durban. The nearest towns to approval granted subject to conversion
Finningley are Umkomaas, located 5km of land through Act 70 of 1970;
to the north and Scottburgh located 3m • Specialist studies such as socio-
to the South. economic and agricultural studies have
been completed;
PROJECT SECTOR • Other potential private investors
• Mixed-use development (Eco Estate sourced; and
development) • Land use conversion outstanding.
INVESTMENT VALUE PARTNERSHIPS
• The Investment value of the project is • National and provincial government;
estimated at R50 billion (+/- $3.5 billion).. • Private sector; and
29• Local government and economic
development agencies.
PROJECT PROMOTER RESPONSIBLE INSTITUTION AND CONTACT
Mr Vaughan Coetzee DETAILS
Development Director Mr Innocent Hlongwana
Finnningley Eco Estate General Manager: Investment Promotion
+27 74 281 7073 Trade and Investment KwaZulu-Natal
Vaughan@segametsi.com +27 31 368 9600
innocent@tikzn.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
3010 MICROSUL
ENGINEERING (PTY) LTD
WWW.TIKZN.CO.ZA
PROJECT LOCATION JOBS CREATION
• The project will create 70 permanent
jobs and 30 construction jobs.
PROJECT DESCRIPTION
Sulphur micronising
• There are two products produced in the
micronising plant - micronised elemental
uMhlatuze
sulphur and micronised sulphur ash.
Municipality
Micronised elemental sulphur is further
beneficiated by other companies
- for applications in the industrial
sector including the manufacturing of
fertilisers, fungicides, soil nutrients,
COMPANY NAME AND BACKGROUND tyres, cosmetics etc. Micronised sulphur
Microsul Engineering (Pty) Ltd ash, as recovered from Foskor, is a
waste recycled product. It has special
• JDW Engineering (Pty) Ltd is a majority applications in the manufacturing
Black-owned, South African registered of specialised ureas and phosphate
Company (Reg. No. 2016/433113/07). fertilisers, which are unique to South
The company is headed by a South Africa. The sulphur ash, is a waste to
African Engineer/Director, Mr Tony Foskor, micronising of the ash provides
Wood, and the current company value addition and removes the high
shareholding comprises of Blessed costs and disposal issues faced by
Santo (Pty) Ltd (51%) and Anthony G. Foskor;
Wood (49%). • The finished elemental sulphur and ash
are sealed in 20kg bags and stacked
PROJECT SECTOR on pallets in the dispatch store. (Sealed
• Manufacturing concrete floor in an enclosed steel frame
building); and
INVESTMENT VALUE • JDW Engineering (Pty) Ltd will be using
• R35 million ($2.3 million) technology from Germany and the
31United States. The technology is an PROJECT STATUS
enabler of the production of sulphur • Feasibility studies completed; and.
coated and infused fertilisers, which will • Site secured at the Richards Bay
be a first in South Africa. Industrial Development Zone.
FINANCED BY PARTNERSHIPS
• Currently seeking a B-BBEE equity • Richards Bay Industrial Development
partner with R15 million ($1 million) Zone.
contribution.
PROJECT PROMOTER RESPONSIBLE INSTITUTION CONTACT
Mr Tony Wood DETAILS
Director: Microsul Engineering (Pty) Ltd Mr Sibusiso Ndlovu
+27 82 413 8495 Manager: Investment Promotions
anthony.wood@gmail.com Richards Bay Industrial Development Zone
+27 35 797 2600
sibusiso.ndlovu@rbidz.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
3211
MKHUZE AIRPORT
CITY DEVELOPMENT
WWW.UMDA.ORG.ZA
PROJECT LOCATION • Residential sector.
PROJECT SECTOR
• Mkhuze Airport City Development –
Mixed Use Development
INVESTMENT VALUE
• The project value is estimated to be
uMkhanyakude
District R2.8 billion ($186.7 million)
Municipality
JOBS CREATION
• Estimated number of jobs to be created
over 2018/19 and 2019/20 fiscal period:
- Temporary Jobs – 300
COMPANY NAME AND BACKGROUND - Permanent Jobs – 500
uMhlosinga Development Agency
PROJECT DESCRIPTION
• The uMhlosinga Development Agency Mkhuze Airport City Development Project:
is a municipal entity dedicated to the • The uMhlosinga Development Agency
planning and implementation of a (UMDA), acting on behalf of the
programme of sustainable economic uMkhanyakude District Municipality, has
growth and development in the district identified the potential of a new regional
of uMkhanyakude, North-Eastern airport at Mkuze town to act as a catalyst
KwaZulu-Natal to stimulate economic development
in the region by attracting scheduled
Targeted Priority Sectors: and non-scheduled flights to service
• Hospitality and conference; both the tourist industry and the air
• Aerospace and aviation-linked transportation needs of the agricultural
manufacturing and related services; and general business sectors.
• Cultural and heritage;
• Agriculture and agro-processing; • Learning from the current trends of
• Retail and leisure; aerotropolis around the world, this
• Office parks; and project aims at developing a precinct
33around the airport that provides non-
aviation services, to make the project PROJECT STATUS
sustainable and profitable, hence the • Environmental authorisation for the
project is named Mkhuze Airport City project has been secured;
Development and the objective is to • Feasibility and electrical studies were
develop both aviation and non-aviation completed in 2009;
land uses. • Aviation precinct has been fenced and
runway rehabilitated;
• The Mkhuze Airport City Development is • Terminal building engineers have been
managed by uMhlosinga Development appointed, drawings and plans approved
Agency on behalf of the land owner, by Project Steering Committee.
uMkhanyakude District Municipality. • Currently engaging with potential private
uMhlosinga Development Agency has sector investors for Public Private
a dedicated team for the development Partnership.
of this project and sources specialist
technical professionals to advice on PARTNERSHIPS
best practice for the development of • National and Provincial Government;
the Mkhuze Airport City and subsequent • Private sector;
catalytic stimulation of economic • Local Government; and
development within Umkhanyakude • Economic Development Agencies.
District Municipality.
FINANCED BY
• Government as the owner of the
property is responsible for bulk
infrastructure installation through the
Special Economic Zone Fund and the
KwaZulu-Natal provincial government
budget funding. Serviced land is made
available to the private sector through
lease agreements.
34PROJECT PROMOTER RESPONSIBLE INSTITUTION AND CONTACT
Mr S’thembiso Mbatha DETAILS
Airport Manager Mr Innocent Hlongwana
+27 35 550 3080 General Manager: Investment Promotion
sthe@umda.org.za Trade and Investment KwaZulu-Natal
+27 31 368 9600
innocent@tikzn.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
3512 NONOTI BEACH
RESORT
WWW.TIKZN.CO.ZA
PROJECT LOCATION JOB CREATION
• 1 000 direct jobs; and permanent
• Approximately 2 000 construction jobs
will be created.
DESCRIPTION OF THE PROJECT
BEACH RESORT
• Proposed community-owned beach
KwaDukuza
Municipality
resort, located in KwaDukuza
Municipality, KwaZulu-Natal. A 3-4 star
hotel to accommodate a total of 822
beds with sea views, swimming pools
and walkways that lead to the beach,
restaurant facilities and conference
COMPANY NAME AND BACKGROUND
facilities.
Inqaba Community Trust
• Inqaba Community Trust represents
FINANCED BY
200 families who own about 450ha
• Project seeks funding from private
of land through the land restitution
partners.
and redistribution programme. The
land is earmarked for residential and
PROJECT STATUS
commercial developments; and
• Feasibility studies and business plan
• Trade and Investment KwaZulu-Natal,
completed;
Tourism KwaZulu-Natal, Ilembe District
• Environmental Impact Assessment
Municipality, Enterprise Ilembe and
approved;
Industrial Development Cooperation
• Specialist studies including
supports the project development.
geotechnical assessment and traffic
impact assessment have been
PROJECT SECTOR concluded; and
• Tourism and Property Development • Zoning approval is still outstanding.
INVESTMENT VALUE PARTNERSHIPS
• R2.5 billion ($167 million) • The project requires an investment
36partner and an operator with beach • Private sector;
resort experience; • Local government; and
• National and provincial government; • Economic development agencies.
PROJECT PROMOTER RESPONSIBLE INSTITUTION AND CONTACT
Mr Hilton Morris DETAILS
Chairperson: Inqaba Community Trust Mr Innocent Hlongwana
+27 71 063 1364 General Manager: Investment Promotion
bfmpanza@yahoo.com Trade and Investment KwaZulu-Natal
+27 31 368 9600
innocent@tikzn.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
3713 NTSHONGWENI URBAN
DEVELOPMENT
WWW.TIKZN.CO.ZA
WWW.THDEV.CO.ZA
PROJECT LOCATION building phases; and
• 35 000 permanent jobs are projected
to result from the development upon
completion.
DESCRIPTION OF THE PROJECT
• Ntshongweni Urban Development
is a 2 000 hectare integrated human
settlement development strategically
located on the SIP2 corridor. The
development is envisaged to be a key
eThekwini
economic hub for the currently under-
Metro serviced Outer West region within the
eThekwini Municipality;
• The development will be anchored by
COMPANY NAME AND BACKGROUND a regional shopping centre, mixed-use,
Tongaat Hulett residential, industrial and commercial/
• According to a feasibility study, Tongaat business assets;
Hulett is the developer of this project and • Retail and urban core: will be anchored
has a track record in projects such as by a regional shopping centre which
uMhlanga Ridge Town Centre, Cornubia, will act to catalyse the mixed-use
Bridge City, Riverhorse Valley, Zimbali commercial, residential and business
Coastal Resort, Mount Edgecombe and sites in the surrounding precinct. Of a
Sibaya Coastal Precinct. total 78 hectares for the first precinct,
the regional shopping centre will initially
PROJECT SECTOR compromise of 85 000 square metres
• Property Development on 14 hectares. The balance of the
precinct’s developable land is allocated
INVESTMENT VALUE to mixed use, catering to residential
• R28 billion ($1.7 million) apartments, offices, business and the
like, together with open space parks and
JOBS CREATION squares;
• 400 000 short-term construction jobs
will be created over time and over the • Logistics and business park: warehousing
38and light industrial business park • The development will begin with the
development along the transport mixed-use retail and urban core precinct
corridor with a mixture of office and civic with the regional shopping centre as the
uses; central anchor;
• Residential: various residential • Design reviews have been initiated for
components with a potential 20 000 the regional shopping centre
homes on completion, including the • This first precinct has received
Assagay Valley residential precinct and Environmental Impact Assessement
related uses such as retirement, a lifestyle approval and the SPLUMA/ zoning
residential component and an integrated approval has been decided; and
residential expansion of between 5 000 – • The overall development is projected to
10 000 homes as planned in partnership take around 15 to 20 years to complete.
with the eThekwini Municipality and the
Provincial Government including the PARTNERSHIPS
Housing Agencies; and • The development has been declared
• The natural beauty of the area will be a catalytic project by the eThekwini
honoured with provision for an extensive Municipality ensuring it aligns with the
open space network, for active and broader development goals for the city
passive recreational use, along with and province.
accessibility to adventure nodes such as
Shongweni Dam and Giba Gorge.
FINANCED BY
• The project is looking for private
investors and debt funding.
PROJECT STATUS
• The first land transaction is for the
development of an 85 000 square metre
regional shopping centre that is planned
to commence in 2021;
39PROJECT PROMOTER RESPONSIBLE INSTITUTION AND CONTACT
Mr Andile Mnguni DETAILS
Tongaat Hulett Development Mr Innocent Hlongwana
+27 83 451 4716 General Manager: Investment Promotion
andile.mnguni@tongaat.com Trade and Investment KwaZulu-Natal
+27 31 368 9600
innocent@tikzn.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
4014 PROSTAR
EXPORT PAINT (PTY) LTD
WWW.PROSTARPAINTS.CO.ZA
PROJECT LOCATION corporate organisations, both regionally
and nationally. Consistency and
innovation drive the company to provide
excellent core products as well as
promote new specialised goods;
• The company is backed by local
technical support and all research
and development is undertaken by
uMhlatuze independent laboratories and raw
Municipality
material suppliers, which ensures that
they are at the very edge of technological
advances within the industry. The
company prides itself on compliance
with all known regulations concerning
COMPANY NAME AND BACKGROUND safety, labelling and environmental laws;
ProStar Export Paint (Pty) Ltd and
• The business is registered as ProStar • The plant in Durban will be retained and
Export Paint Pty (Ltd), (Reg No. the Richards Bay operation is considered
2014/274317/07) and is an expansion as an expansion programme to respond
operation of ProStar Paints, currently to export markets and demands.
located in Durban. This BEE Company
was originally set up as a distributor of PROJECT SECTOR
paint and accessories and today, the • Manufacturing
company has grown into a manufacturer
of paints; INVESTMENT VALUE
• Company shareholding - the company • R75 million ($5 million)
is 100% Black-owned and currently in
the process of extending its partnership JOBS CREATION
with other local BEE individuals with the • The project will create 50 permanent
aim of achieving a Level 2 BEE status; jobs and 50 construction jobs.
• Its customer base includes distributors,
contractors, developers and various PROJECT DESCRIPTION
41Paint manufacturing company expansion as a medium-term expansion
• Key markets to be serviced by ProStar strategy. The ProStar Paints operation
Export Paint are: in Durban currently exports 40% of its
products to SADC countries and has
Decorative Market two other factories based in Tzaneen
• Low VOC decorative paint for general and Gweru in Zimbabwe. It is envisaged
public -interior and exterior; that these markets will be serviced by
• Temperature reducing roof paint; the export operation to be based in
• Decorative paint with anti-bacterial RBIDZ.
shield for bacterial control; and
• Water-based systems to replace solvent FINANCED BY
borne enamels and varnishes. • Seeking equity partners/investors with
funding.
Industrial Market
• Water-based anti-corrosion paint for PROJECT STATUS
metal protection; • Approved building plans in place; and
• Water-based photo-luminiscent road- • Site secured at the RBIDZ.
marking paint; and
• Solvent-free epoxy screeds for areas PARTNERSHIPS
where high levels of hygiene protection • Seeking equity partners/investors; and
is needed. • Richards Bay Industrial Development
Zone.
Export market
• ProStar Export Paint has identified
the continent of Africa as its primary
market. SADC countries are targeted for
42PROJECT PROMOTER RESPONSIBLE INSTITUTION CONTACT
Mr Vergan Kumar DETAILS
Managing Director Mr Sibusiso Ndlovu
ProStar Export Paints (Pty) Ltd Manager: Investment Promotions
+27 84 798 6923 RBIDZ
vergan@prostarpaints.com +27 35 797 2600
sibusiso.ndlovu@rbidz.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
4315 RICHARDS BAY INDUSTRIAL
DEVELOPMENT ZONE
WWW.RBIDZ.CO.ZA
PROJECT LOCATION identified over 1 000 hectare site for
future development;
• Enjoys the Special Economic Zone
status;
• Greenfield development, purpose-built
to facilitate beneficiation of mineral
resources-related business; and
• Licensed as Customs Controlled Area.
uMhlathuze
Municipality
PROJECT SECTORS
Targeted sectors include:
• Metals beneficiation
(Aluminium, titanium and iron ore);
• Agro-processing (pulp, horticulture
and meat production);
COMPANY NAME AND BACKGROUND • Port Optimisation (ship building and
Richards Bay Industrial repair, containerisation, oil and gas);
Development Zone • Renewable and clean energy (solar,
• The project is located in Richards Bay, fuel cells and biomass); and
approximately 160km north-east of • ICT (techno parks and innovation hubs).
Durban;
• Immediately adjacent the Richards Bay INVESTMENT VALUE
Harbour, which is regarded as South • R12.420 billion ($826 million) for all signed
Africa’s premier bulk port; investors including the two operational
• 50-year master plan, the project investors; and
44• R12 billion ($800 million) estimated • Preferential 15% corporate tax for
investment value for the next 3 years. qualifying entities;
• Building allowance: Ten year write off
JOBS CREATION period for qualifying buildings and fixed
• Currently there are 2 operational structures;
investors that have created 102 direct • Employment incentives for low salary
jobs and 561 indirect jobs; and workers;
• The MTEF target for job creation are: • Customs controlled area: Import duty
Permanent: 1 925 rebates for production-related and
Construction: 3 300 exported products, and VAT exemptions
under specific conditions for supplies
PROJECT DESCRIPTION procured in South Africa;
Development consists of: • Enhanced 12i tax Incentive: designed to
• Phase 1A – 62 hectares developed land support greenfield investments, as well
for low impact general industry adjacent as brownfield investments; and
to the Port of Richards Bay; and • High-end infrastructure: funded through
• Phase 1F – 185 hectares earmarked for high-end the provincial government and
general industrial development located SEZ Fund.
6 kilometres from the Port of Richards
Bay. PARTNERSHIPS
• National and provincial government;
FINANCED BY • Private sector;
• Government, as the owner of the land • Local government; and
is responsible for internal infrastructure • Economic development agencies.
installation and development, paving
the way for the lease of the land to
prospective investors.
PROJECT STATUS
• 172 hectares serviced land available for
potential.
investors
The project offers:
45PROJECT PROMOTER RESPONSIBLE INSTITUTION AND CONTACT
Mr Pumi Motsoahae DETAILS
CEO: Richards Bay Industrial Mr Innocent Hlongwana
Development Zone General Manager: Investment Promotion
+27 35 797 2600 Trade and Investment KwaZulu-Natal
pumi.motsoahae@rbidz.co.za +27 31 368 9600
innocent@tikzn.co.za
If there is interest in this project please contact both the Project promoter at the
responsible institution and the project manager to ensure that your query is addressed promptly
4616 RICHARDS BAY LEATHER AND
ACCESSORIES (PTY) LTD
WWW.TIKZN.CO.ZA
PROJECT LOCATION for leather processing especially
in KwaZulu-Natal as most of the
companies producing footwear and
automotive leather seats in South Africa
import finished leather from abroad; and
• The establishment of a leather
processing business in the Richards Bay
Industrial Development Zone is likely to
uMhlatuze encourage other businesses to invest
Municipality
in leather-related fields and therefore to
further boost the economy of Richards
Bay and neighbouring environment.
PROJECT SECTOR
COMPANY NAME AND BACKGROUND • Agro-processing
Richards Bay Leather and Accessories
(Pty) Ltd INVESTMENT VALUE
• R 100 million ($6.6 million)
• Richards Bay Leather & Accessories
(Pty) Ltd was established to develop and JOBS CREATION
operate a leather processing plant; • The project will create 50 permanent
• Richards Bay Leather & Accessories jobs and 20 construction jobs.
(Pty) Ltd intends to purchase chrome-
tanned leather (known as wet blue) from PROJECT DESCRIPTION
both the local market and other African • The project entails establishment of the
countries. This will then be processed plant manufacture leather and, related
and finished for both the local and acceosories. Richards Bay Leather &
export markets; Accessories (Pty) Ltd’s research had
• Richards Bay Leather & Accessories showed that there are only two small
(Pty) Ltd has conducted comprehensive tanneries in KwaZulu-Natal which is
research into the leather industry unable to meet its demand. Chrome-
and identified potential opportunities tanned leather will therefore be imported
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