Why Gauteng

Why Invest in Gauteng


Gauteng is the epicentre for growth – it is South Africa’s economic engine and an important launching pad for local and international businesses into African markets.

GAUTENG OFFERS:

  • An investor-friendly environment
  • Good infrastructure and facilities
  • Low land and commercial building costs
  • World-class road, rail and air networks
  • A large pool of young and highly skilled labour
  • Electricity, which is amongst the cheapest in the world
  • Functional national institutions protecting the right of investors
  • Clear and consistent economic policies in line with national policies

Key Sectors


Capital Equipment

As a key priority sector, there is need to boost technical and artisanal skills development, increase exports, and drive greater investment into research and development.

Tourism

With many unique tourism products in both the business and leisure sectors, the GGDA looks to create more employment opportunities and grow the Province’s tourism footprint.

Infrastructure

A key pillar for driving economic growth, the GGDA holds expertise in designing large-scale projects and leveraging the necessary stakeholders for implementation.

Mineral Beneficiation

This centres on making the most of South Africa’s raw mineral wealth beyond pure export. As a key resource for South Africa, the GGDA focuses on ensuring Gauteng businesses are globally competitive and contributing to a diversified basic metals and mineral resources industry.

Renewables

Within Gauteng, solar energy (solar water heaters) and energy from landfill gas are the most obvious short term renewable energy sources with the potential to buy renewable energy from wind and concentrated solar power from outside the provincial boundaries.

Manufacturing

Manufacturing contributes 14% to Gauteng’s real economy output and provides 40% of South Africa’s manufacturing overall. More than 600 000 people are employed in the sector, with metal products, food and beverages and chemicals being the biggest employers.

Business Processing Outsourcing

Gauteng has long dominated the SA BPO market with all-centre outsourcing comprising just 67% of the total industry. Other key services include IT support, financial accounting, data analytics and legal services.

Agro-Processing

Agro-processing is the largest single subsector in manufacturing, and has shown relatively rapid growth in sales and employment over the past years. It is a major source of exports as well as covering key wage goods and some industrial inputs.

Five Development Corridors of The Gauteng City Region


Central Corridor

Africa’s Financial And Technological Nerve Centre And Pre-eminent Hub for Innovation, R & D.

  • Developments in Sandton, Rosebank, Midrand (Waterfall), Fourways (Steyn City and Riversands) and Randburg/Lanseria as major economic nodes
  • Regeneration of the Inner-city and other CBDs through the release of derelict buildings to private sector and universities for redevelopment and construction of the Provincial Government Precinct
  • Revitalisation of Township Industrial Parks and Township Economy Development programme
  • Development of the Braamfontein/Auckland Park Innovation Route.

Northern Corridor

The Capital of the Republic And the Hub of The Automotive Industry Manufacturing, Innovation, R&D, Aerospace And Defence Industries.

  • Automotive SEZ and Tshwane Auto City development
  • High Tech SEZ and Innovation Hub expansion
  • Rainbow Junction mixed-use development

Eastern Corridor

Goal: Rebuild Ekurhuleni’s manufacturing base and invest in the expansion of OR Tambo International Airport Hub into Africa’s largest Aerotropolis

  • Home of the OR Tambo SEZ
  • The expansion of ORTIA cargo terminal and new developments around the airport
  • PRASA-Gibela rail manufacturing hub in Nigel and Transnet’s Tambo-Springs Logistics Hub and the development of fuel cell technology underway – expansion of the footprint of the SEZ
  • Major private sector developments taking place around R21 corridor
  • A new OR Tambo University of Science and Technology to be established
  • Several Human Settlements Mega Projects underway

Western Corridor

Goal: Diversifying the West Rand economy from mining only to be the Hub of Agri-business and Agro-processing, Renewable Energy and Tourism.

  • The development of the Agri-Industrial Park & Logistics Hub for agro-processing
  • The development of the Lanseria Airport City
  • Reinvesting in Chamdor and Township Industrial Parks
  • Invest in Maropeng-Haartebees Eco-Tourism Area
  • Regeneration of CBDs and mining towns
  • Merafong Bioenergy Eco Industrial Park

Southern Corridor

Goal: Regenerate the Vaal Triangle economy through the development of an Agritopolis, Tourism and Entertainment Hub

  • Establishment of the Vaal SEZ
  • The development of the Vaal River City and Vaal Marina
  • Revitalisation of Township Industrial Parks in Lesedi and Sebokeng
  • Logistics Hub and new mining development in Lesedi
  • Agritopolis/Aerotropolis development initiative

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