01.11.2019 Views

Free State Business 2020 edition

The 2020 edition of Free State Business is the 10th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the Free State. The Free State Development Corporation describes its work, including property management and investment support in several articles in this journal. The official launch of the Maluti-A-Phofung Special Economic Zone (MAP-SEZ) was a significant event for the economy of South Africa’s most centrally located province. Business and industrial parks form part of the economic strategy of the province’s planners and details of these facilities are outlined in this journal. In addition, overviews on each of the key economic sectors provide up-to-date information on trends in the manufacturing and tourism sectors, for example. Regular information about the size and nature of each sector is also included. Updated information on the Free State is also available through our monthly e-newsletter, which you can subscribe to online at www.globalafricanetwork.com, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title. The printed journal is distributed internationally on outgoing and incoming trade missions, through trade and investment agencies; to foreign offices in South Africa’s main trading partners around the world; at top national and international events; through the offices of foreign representatives in South Africa; as well as nationally and regionally via chambers of commerce, tourism offices, airport lounges, provincial government departments, municipalities and companies.

The 2020 edition of Free State Business is the 10th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the Free State.

The Free State Development Corporation describes its work, including property management and investment support in several articles in this journal.

The official launch of the Maluti-A-Phofung Special Economic Zone (MAP-SEZ) was a significant event for the economy of South Africa’s most centrally located province. Business and industrial parks form part of the economic strategy of the province’s planners and details of these facilities are outlined in this journal.

In addition, overviews on each of the key economic sectors provide up-to-date information on trends in the manufacturing and tourism sectors, for example. Regular information about the size and nature of each sector is also included.

Updated information on the Free State is also available through our monthly e-newsletter, which you can subscribe to online at www.globalafricanetwork.com, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.

The printed journal is distributed internationally on outgoing and incoming trade missions, through trade and investment agencies; to foreign offices in South Africa’s main trading partners around the world; at top national and international events; through the offices of foreign representatives in South Africa; as well as nationally and regionally via chambers of commerce, tourism offices, airport lounges, provincial government departments, municipalities and companies.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

MESSAGE<br />

Working together,<br />

growing the <strong>Free</strong> <strong>State</strong><br />

The <strong>Free</strong> <strong>State</strong> Development Corporation unlocks business opportunities.<br />

In line with the <strong>Free</strong> <strong>State</strong> Growth and Development Strategy and<br />

the mandate of broadening access to economic opportunities for<br />

the <strong>Free</strong> <strong>State</strong>-based business sector, the <strong>Free</strong> <strong>State</strong> Development<br />

Corporation (FDC) will continue to unlock business opportunities<br />

for both local direct and foreign direct investors.<br />

The World Bank projected that the GDP growth for BRICS (Brazil,<br />

Russia, India, China and South Africa) will be 5.4% in 2019 and <strong>2020</strong>.<br />

As the bloc’s powerhouses, India and China are leading the pack in<br />

terms of higher GDP growth rates. The annual economic growth rate<br />

in India was projected to be 7.5% in 2019 while China’s annual growth<br />

rate was projected to decline to 6.3% in 2019 from 6.8% in 2017. Brazil,<br />

Russia and South Africa have lower<br />

GDP growth rates compared<br />

to China and India. The South<br />

African economy was projected<br />

to grow by only 1.7% in 2019.<br />

The FDC is working hard within<br />

this framework to promote and<br />

advance economic development<br />

in South Africa’s most centrally<br />

located province.<br />

The FDC continues to foster<br />

FREE STATE BUSINESS <strong>2020</strong><br />

8

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!