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.
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Investing in the <strong>Free</strong><br />
<strong>State</strong> Province<br />
MESSAGE<br />
Dr Mbulelo Nokwequ, Head of Department at<br />
DESTEA, outlines some of the <strong>Free</strong> <strong>State</strong>’s<br />
unique selling propositions.<br />
<strong>Free</strong> <strong>State</strong> Province is situated in the heart of South Africa and<br />
shares borders with Lesotho and six other provinces. It provides<br />
easy access to the main ports of Durban, East London and<br />
Port Elizabeth.<br />
The <strong>Free</strong> <strong>State</strong> is an attractive business and investment destination.<br />
The province is at the centre of South Africa and the dominant sectors<br />
are agriculture, mining, manufacturing and the tertiary sectors, making<br />
it ideal for transport logistics and agro-processing.<br />
Companies locating to <strong>Free</strong> <strong>State</strong> not only enjoy the opportunity to<br />
source inputs at competitive prices, but also to benefit from domestic,<br />
regional and international markets for their products and services.<br />
Because South Africa has been engaging with our economically large<br />
trading partners, access to international markets is facilitated through<br />
various trade preferences and free-trade agreements.<br />
As far as long-term investment is concerned, there are industrial<br />
parks and a Special Economic Zone (SEZ) that are supported by the<br />
Department of Trade, Industry and Competition. Industrial parks<br />
are situated in Maluti-A-Phofung, Botshabelo and Thaba Nchu.<br />
Maluti-A-Phofung SEZ is situated in Tshiame.<br />
The <strong>Free</strong> <strong>State</strong>’s strengths for inward investment are boosted by:<br />
• openness to business, trade and foreign investment<br />
• abundance of natural resources<br />
• low factory rentals<br />
• Africa’s leading telecommunications network<br />
• incentive packages uniquely developed for Special Economic Zones<br />
• incentives associated with the revitalised industrial parks<br />
• <strong>Free</strong> <strong>State</strong> Development Corporation (FDC) support services for<br />
priority sectors such as agro-processing and manufacturing<br />
• a large labour pool<br />
• diverse cultures<br />
• competitive land and building cost<br />
• world-class transport and telecommunications infrastructure<br />
• an idyllic climate<br />
• recreational and lifestyle<br />
facilities.<br />
Select investment opportunities<br />
include:<br />
• Agriculture and agroprocessing<br />
• Tourism and property<br />
development<br />
• Medical and pharmaceutical<br />
production and distribution<br />
• Manufacturing<br />
• Renewable and clean energy<br />
• Medical tourism.<br />
7<br />
FREE STATE BUSINESS <strong>2020</strong>
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