KwaZulu-Natal Business 2019-20 edition
A unique business and investment guide to KwaZulu-Natal Province in South Africa. The 2019/20 edition of KwaZulu-Natal Business is the 11th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the KwaZulu-Natal Province. In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special feature on the surge in investment in new tourism projects, from casino expansions to the building of a dedicated cruise-liner terminal. Another special feature surveys other large investments in a wide variety of sectors, showing the diversity and strength of the provincial economy. For monthly updates about the region, subscribe at https://www.globalafricanetwork.com/subscribe/ or visit our portal at https://www.globalafricanetwork.com/category/regions/kwazulu-natal/
A unique business and investment guide to KwaZulu-Natal Province in South Africa. The 2019/20 edition of KwaZulu-Natal Business is the 11th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the KwaZulu-Natal Province.
In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special feature on the surge in investment in new tourism projects, from casino expansions to the building of a dedicated cruise-liner terminal. Another special feature surveys other large investments in a wide variety of sectors, showing the diversity and strength of the provincial economy.
For monthly updates about the region, subscribe at https://www.globalafricanetwork.com/subscribe/ or visit our portal at https://www.globalafricanetwork.com/category/regions/kwazulu-natal/
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SPECIAL FEATURE<br />
investment is part of a R1.2-billion investment programme which Arçelik<br />
Global, the Turkish company, has been following since it bought Defy<br />
in <strong>20</strong>11. The company has another plant in <strong>KwaZulu</strong>-<strong>Natal</strong> in Ezakheni<br />
(near Ladysmith) and in East London in the Eastern Cape.<br />
In <strong>20</strong>18 the eThekwini Metropolitan Municipality decided<br />
to apply for a R1-billion load for capital projects. The city’s<br />
integrated development plan will include expenditure on water<br />
and sanitation infrastructure, roads and electrification projects.<br />
Infrastructure throughout the province will attract more than<br />
R<strong>20</strong>0-billion to <strong>20</strong>25 according to information supplied by the<br />
KZN Construction Expo.<br />
Major developments north of the city of Durban continue<br />
to transform the economy and the landscape. The King Shaka<br />
International Airport and the associated Dube TradePort has made<br />
a big impact, as has the conversion by sugar giant Tongaat Hulett<br />
of its land holdings into property developments.<br />
Dube TradePort is a 3 000-hectare development that<br />
encompasses the airport and is ideally situated for any logistics<br />
business due to its proximity to Africa’s busiest cargo port (at<br />
Durban) and 140km from the deepest natural harbour in the<br />
southern hemisphere where the Port of Richards Bay and the<br />
Richards Bay Industrial Development Zone are located.<br />
Dube TradePort is a Special Economic Zone which has:<br />
• Dube Cargo Terminal.<br />
• Dube Tradezone: Suitable for warehousing, manufacturing,<br />
assembling, cargo distribution, etc.<br />
• Dube City: 12 hectares of office, retail and hospitality space.<br />
• Dube Agrizone: intended to support growing, packaging and<br />
distribution high-value perishables and horticultural products.<br />
• Dube iConnect: the precinct’s dedicated IT and telecommunications<br />
provider and the only locally-hosted cloud service in the province.<br />
Industrial parks<br />
The Provincial Government of <strong>KwaZulu</strong>-<strong>Natal</strong> intends establishing<br />
one industrial park within each of the province’s 10 district<br />
municipalities, focussing on existing strengths. These industryfocused<br />
hubs will attract new investments and help existing<br />
businesses through economies of scale and by improving access<br />
to markets and supply chains.<br />
There is one metropolitan municipality in <strong>KwaZulu</strong>-<strong>Natal</strong>.<br />
Construction on the industrial park in the eThekwini Metropolitan<br />
Municipality, an automobile supplier park, is expected to begin<br />
in <strong><strong>20</strong>19</strong>.<br />
In most of the other areas, land has been secured and feasibility<br />
studies have been completed. The design of the parks and the<br />
provision of infrastructure is<br />
currently underway and some<br />
tenants have been identified.<br />
The Department of Economic<br />
Development, Tourism and<br />
Environmental Affairs is the<br />
implementing agency on behalf<br />
of the Provincial Government.<br />
By way of example, the<br />
iLembe District Municipality<br />
will be the focus of investment<br />
in renewable energy. The N2<br />
is the main arterial running<br />
through the district, giving<br />
excellent access to both<br />
Durban and Richards Bay. The<br />
Dolphin Coast is a major node<br />
for tourism. With the King Shaka<br />
International Aiport (KSIA) and<br />
the Dube TradePort lying just<br />
south of the iLembe District in<br />
the eThekwini Municipality, a<br />
partnership has been created<br />
between the two municipalities<br />
and the provincial government<br />
to develop a renewable energy<br />
technology innovation hub.<br />
Enterprise iLembe (Pty) Ltd<br />
drives investment into the area.<br />
At Ndwedwe 26 biodigesters<br />
produce gas for cooking as<br />
part of the Working for Energy<br />
programme of the South African<br />
National Energy Development<br />
Institute (SANEDI).<br />
The Small Harbours and State<br />
Coastal Property unit of the<br />
National Department of Public<br />
Works wants to see coastal<br />
properties revitalised. Initiatives<br />
are under discussion for Port<br />
Edward (new harbour, fish<br />
processing, fishing and leisure),<br />
Hibberdene (waterfront and a<br />
Music City) and Port Shepstone<br />
(boat building and repairs and<br />
a new economic zone).<br />
KWAZULU-NATAL BUSINESS <strong><strong>20</strong>19</strong>/<strong>20</strong><br />
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