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Free State Business 2021

The 2021 edition of Free State Business is the 11th issue of this successful publication that, since its launch, has established itself as the premier business and investment guide for the Free State. The Free State has varied investment and business opportunities and the Free State Development Corporation describes some of these in detail in these pages. Drilling for natural gas is a new phenomenon which may spark activity in other sectors and this journal notes significant new investments and projects in the chemicals and mining sectors. 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. Located on the strategically significant N3 highway that links the economic heartland of South Africa to the coast, the MAP SEZ has the potential to attract new investors and spark a revival in the manufacturing sector. In addition, overviews on each of the key economic sectors provide up-to-date information on trends in the mining and tourism sectors, for example. Regular information about the size and nature of each sector is also included.

The 2021 edition of Free State Business is the 11th issue of this successful publication that, since its launch, has established itself as the premier business and investment guide for the Free State. The Free State has varied investment and business opportunities and the Free State Development Corporation describes some of these in detail in these pages. Drilling for natural gas is a new phenomenon which may spark activity in other sectors and this journal notes significant new investments and projects in the chemicals and mining sectors. 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. Located on the strategically significant N3 highway that links the economic heartland of South Africa to the coast, the MAP SEZ has the potential to attract new investors and spark a revival in the manufacturing sector. In addition, overviews on each of the key economic sectors provide up-to-date information on trends in the mining and tourism sectors, for example. Regular information about the size and nature of each sector is also included.

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OVERVIEW FOCUS<br />

FOCUS<br />

Phuthaditjhaba Industrial Park<br />

Phuthaditjhaba Industrial Park<br />

Phuthaditjhaba IP is strategically located in the<br />

Phuthaditjhaba Eastern <strong>Free</strong> <strong>State</strong> IP and is 40km strategically away from located the N5 in and the<br />

Eastern N3 highways. <strong>Free</strong> <strong>State</strong> The and park 40km is on away the border from the between N5 and<br />

N3 the highways. Gauteng and The Kwazulu park is on -Natal the provinces. border between<br />

the Gauteng The Park and is Kwazulu-Natal situated within provinces. the Thabo<br />

Mofutsanyana The Park is District situated Municipality within the in Thabo the<br />

Mofutsanyana<br />

Maluti-A-Phofung<br />

District<br />

Local<br />

Municipality<br />

Municipality.<br />

in<br />

It<br />

the<br />

is<br />

Maluti-A-Phofung<br />

owned and managed<br />

Local<br />

by<br />

Municipality.<br />

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

It is<br />

owned and managed by the <strong>Free</strong> <strong>State</strong><br />

Development Corporation (FDC), which is the<br />

Development Corporation (FDC), which is the<br />

official agency responsible for driving economic<br />

official agency responsible for driving economic<br />

development in the <strong>Free</strong> <strong>State</strong> Province.<br />

development in the <strong>Free</strong> <strong>State</strong> Province.<br />

The Park is divided into Industrial estates<br />

The Park is divided into Industrial estates<br />

ie factory units, which are further divided into<br />

ie factory units, which are further divided into<br />

small<br />

small and<br />

and<br />

large<br />

large<br />

units.<br />

units.<br />

Small<br />

Small<br />

units<br />

units<br />

range<br />

range<br />

from<br />

from<br />

50m²<br />

50m²<br />

to<br />

to<br />

499m²<br />

499m²<br />

while<br />

while the<br />

the<br />

large<br />

large<br />

units<br />

units<br />

are<br />

are<br />

500m²<br />

500m²<br />

and and above in in size. size. These These factories factories are are mainly mainly<br />

rented for manufacturing and and service service industries industries<br />

and to a lesser extent retail (wholesaling) and and<br />

warehousing (storage). There are are a total of of 296 296<br />

factories in the Phuthaditjhaba Industrial Park.<br />

The Industrial Park Park occupies a total a total of 257 of<br />

360m² 257 360m² gross gross land land area, area, with approximately<br />

62% occupancy rate and 185 companies. It It<br />

has one of the biggest local employers in in the<br />

CMT sector, employing 1 200 local people, who<br />

comprise more than 90% women. The Park is is a a<br />

major economic hub of the district, with varied<br />

businesses located in in the park.<br />

The municipality provides services services such such as<br />

as water water and and electricity, electricity, and and the the infrastructure is<br />

is owned owned by by the the municipality. municipality. There There is more is more than<br />

than 120 000m 120 2 000m of vacant 2 of land vacant and land 112 and vacant 112 factories vacant<br />

factories (large and (large small). Sectors and small). include Sectors textiles, include plastic<br />

textiles, products, manufacturing, plastic products, construction, manufacturing, food and<br />

construction,<br />

snacks. The total<br />

food<br />

number<br />

and snacks.<br />

of jobs<br />

The total<br />

is estimated<br />

number<br />

of<br />

at 7<br />

jobs<br />

300.<br />

is estimated at 7 300.<br />

Botshabelo Industrial Park<br />

Botshabelo Industrial Park<br />

The Botshabelo Industrial Park is situated<br />

The approximately Botshabelo 60km Industrial from the Park economic is situated hub<br />

approximately on the eastern 60km side of from the Mangaung the economic Metro. hub<br />

on The the industrial eastern side area of was the Mangaung developed Metro. in 1985 The<br />

industrial with the area assistance was developed of DBSA. in 1985 with the<br />

assistance The Botshabelo of DBSA. Industrial Park boasts<br />

manufacturing<br />

The Botshabelo<br />

and service<br />

Industrial<br />

companies<br />

Park boasts<br />

in<br />

manufacturing<br />

the textiles, electrical,<br />

and service<br />

plastic<br />

companies<br />

production,<br />

in the<br />

textiles, electrical, plastic production, poultry,<br />

poultry, food and snack sectors. Currently it<br />

food and snack sectors. Currently it provides<br />

provides employment to an estimated 7 519<br />

employment to an estimated 7 519 people,<br />

people, of which the majority are women.<br />

of which the majority are women. Mangaung<br />

Mangaung and Maluti-A-Phofung form part<br />

and Maluti-A-Phofung form part of the<br />

of the distressed regions and were declared<br />

distressed regions and were declared as one<br />

of<br />

as<br />

the<br />

one<br />

Presidential<br />

of the Presidential<br />

nodal areas<br />

nodal<br />

that<br />

areas<br />

require<br />

that<br />

development.<br />

require development.<br />

The The BIP BIP was was the first first to to receive receive phase phase 1 and 1 and<br />

phase phase 2 of of the revitalisation programme. programme. The The<br />

initiation of of the revitalisation programme programme has has<br />

had had some impact and and has has seen an an increase in<br />

investment investment within within the the park. park. The The Industrial Industrial Park<br />

has Park 144 has factories 144 factories operating operating with 113 with occupied. 113<br />

The occupied. total capital The total investment capital is investment around R755- is<br />

million. around R755-million.<br />

The factory sizes range from 500m² to to<br />

22500m². The Park also has an an incubator centre<br />

known as as the Small <strong>Business</strong> Park.<br />

FREE STATE BUSINESS 2018 2020<br />

FREE STATE BUSINESS <strong>2021</strong><br />

16<br />

16

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