The Vaal Special Economic Zone, led by the Gauteng Department of Economic Development’s MEC, Tasneem Motara, will launch the Vaal Special Economic Zone (Vaal SEZ), a significant milestone in promoting economic growth and development of the Vaal region.
The Vaal SEZ is part of Gauteng’s economic development programme led by the Gauteng Growth and Development Agency (GGDA) under the auspices of the Department of Economic Development.
The Vaal SEZ's mission is to attract Domestic and Foreign Direct Investment across multiple sites in Emfuleni, Midvaal, and Lesedi Local Municipalities. It is committed to propelling job creation, skills development and holistic economic growth in the heart of South Africa's thriving Southern corridor.
Anchored by six strategic pillars, the Vaal SEZ propels a Green Energy-driven industrial transformation, steers investments into crucial food, agriculture, and agro-industrial domains, harnesses the potential of gateway logistics, and harnesses the potential of the Blue Economy and Tourism Sector along the Vaal River.
Significant investments thus far include Mitochondria Energy’s commitment to invest at least R4.3 billion over the next four years to establish the first Hydrogen Valley Innovation Hub in South Africa, Citi-Bank’s pledged investment of R1.4 billion into the SEZ to catalyse the development of an airport in the Vaal area, which, in turn, is poised to foster the growth of manufacturing and agriculture hubs in the region.
Members of the media are invited to the launch and learn more about the partnerships that will contribute to the success of the Vaal SEZ.
Please find the details below:
Date: November 10th, 2023
Time: 09:00 AM
Venue: Vaal SEZ Offices, 38 Chopin Street, SW5, Vanderbijl Park (Parking has been made available at Riverside Boulevard Centre, Cnr of Frikkie Meyer and Chopin Street, where
shuttles will transport you to the venue).
RSVP and queries: Lerato Sewpersad, leratos@ggda.co.za, 072 909 4463