28.09.2021 Views

Limpopo Business 2021-22

The 2021/22 edition of Limpopo Business is the 13th issue of this highly successful publication that, since its launch in 2007, has established itself as the premier business and investment guide for the Limpopo Province. Limpopo has been attracting significant investments in the mining sector in recent years and with commodity prices of certain minerals rising in response to demand in the renewable energy and automotive sector, mining houses are well-positioned to expand production even further. This journal carries messages of welcome to investors from the province’s Premier and the MEC for Economic Development, Environment and Tourism. In addition to the regular articles providing insight into each of the key economic sectors of the province, there is special feature on plans to catalyse investment and growth in the province through measures such as industrial parks and the Musina-Makhado Special Economic Zone in the province’s far north, which is attracting billions of dollars in investment. News related to mining, agriculture, tourism, construction and property, water, education and development finance is carried in overviews of the main economic sectors.

The 2021/22 edition of Limpopo Business is the 13th issue of this highly successful publication that, since its launch in 2007, has established itself as the premier business and investment guide for the Limpopo Province.
Limpopo has been attracting significant investments in the mining sector in recent years and with commodity prices of certain minerals rising in response to demand in the renewable energy and automotive sector, mining houses are well-positioned to expand production even further.
This journal carries messages of welcome to investors from the province’s Premier and the MEC for Economic Development, Environment and Tourism. In addition to the regular articles providing insight into each of the key economic sectors of the province, there is special feature on plans to catalyse investment and growth in the province through measures such as industrial parks and the Musina-Makhado Special Economic Zone in the province’s far north, which is attracting billions of dollars in investment. News related to mining, agriculture, tourism, construction and property, water, education and development finance is carried in overviews of the main economic sectors.

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

MESSAGE<br />

The future is in <strong>Limpopo</strong><br />

An international investment conference in September <strong>2021</strong> showcased the<br />

province’s abundant opportunities. A message from the MEC for Economic<br />

Development, Environment and Tourism, Thabo Mokone.<br />

<strong>Limpopo</strong> Province has<br />

comparative advantages in<br />

mining, tourism, manufacturing,<br />

green energy and agriculture<br />

due to its abundant natural, heritage<br />

and cultural resources. In order to<br />

address the structural rigidity and the<br />

legacy of economic exclusion, the<br />

provincial government took a bold<br />

step to industrialise the economy<br />

based on the beneficiation of its<br />

mineral wealth, and increased valueadded<br />

activities aligned to the key<br />

sectors of our economy.<br />

The Province has established<br />

partnerships with the private sector<br />

in tourism, mining, agriculture<br />

and the wildlife industry as well as<br />

organised business. To strengthen<br />

this partnership, the province<br />

hosted a Tourism Lekgotla and<br />

a Mining Indaba during August<br />

and October <strong>2021</strong> and staged<br />

an international investment<br />

conference in September <strong>2021</strong>. The aim of the conference was<br />

to market the province as an attractive investment destination<br />

and present the abundant opportunities to potential investors.<br />

The Province has developed the <strong>Limpopo</strong> Development<br />

Plan for 2020-2025 with these strategic focus areas:<br />

• Industrialisation of the economy<br />

• SMME and co-operatives development and support<br />

• Revitalisation of township and village businesses<br />

• Transformation of the economy through procurement<br />

• Support and build capacity for manufacturing<br />

• Develop infrastructure for the economy<br />

• Create a better <strong>Limpopo</strong> within Africa and the world<br />

• Sustainable environment and natural resources.<br />

Provincial growth points and industrial clusters have been<br />

identified in pursuit of increasing manufacturing. These<br />

clusters include Platinum and Chrome (PGM), Metallurgical,<br />

Tourism, Agribusiness and Meat, Horticulture and Forestry<br />

as well as Logistics.<br />

Some of the flagship industrialisation projects are<br />

the Musina-Makhado Special Economic Zone (MMSEZ)<br />

and Fetakgomo-Tubatse SEZ. A pipeline of investments<br />

in both SEZs has been established. In the MMSEZ the<br />

project pipeline is worth R150-billion with the potential<br />

of creating over 21 700 job opportunities. The key<br />

investment opportunities for the MMSEZ are in energy<br />

and metallurgy, agro-processing, logistics and general<br />

manufacturing.<br />

The potential value-add for Fetakgomo-Tubatse is<br />

R25-billion with a potential to create over 8 000 job<br />

opportunities. The total estimated projects pipeline for<br />

investment is around R250-billion.<br />

I would like to take this opportunity to invite all<br />

potential investors to take advantage of the beautiful<br />

scenery and untapped natural resources offered by the<br />

<strong>Limpopo</strong> Province. ■

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

Saved successfully!

Ooh no, something went wrong!