07.11.2023 Views

Frances Baard District Municipality Investment Prospectus

Frances Baard District Municipality is open for business. Frances Baard District is nestled in the north-eastern corner of the Northern Cape Province. It shares its northern borders with the North West Province and its eastern border with the Free State Province. The municipality is the smallest district in the Northern Cape, making up only 3% of its geographical area. Investors are welcome in this district that is guided by a community-focussed Integrated Development Plan. The geographic location of the Northern Cape provides easy access to SADC markets and export ports via sea and air. The entry points in terms of access to Namibia and Botswana, extending to Zambia, provide a unique competitive advantage.

Frances Baard District Municipality is open for business. Frances Baard District is nestled in the north-eastern corner of the Northern Cape Province. It shares its northern borders with the North West Province and its eastern border with the Free State Province. The municipality is the smallest district in the Northern Cape, making up only 3% of its geographical area. Investors are welcome in this district that is guided by a community-focussed Integrated Development Plan.

The geographic location of the Northern Cape provides easy access to SADC markets and export ports via sea and air. The entry points in terms of access to Namibia and Botswana, extending to Zambia, provide a unique competitive advantage.


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.

NATIONAL INCENTIVE SCHEMES<br />

The national Development of Trade, Industry and Competition (the dtic), in collaboration with<br />

other public and private sector entities, has developed a number incentives schemes to assist<br />

with the growth of certain sectors. These national incentives schemes are listed below.<br />

PROGRAMME<br />

• Technology and Human<br />

Resources for Industry<br />

Programme (THRIP)<br />

• Support Programme for<br />

Industrial Innovation (SPII)<br />

• Global Business Services<br />

(GBS) Incentive<br />

• Film and TV Production<br />

• Export Marketing <strong>Investment</strong><br />

Assistance (EMIA)<br />

• Sector Specific Assistance<br />

Scheme (SSAS)<br />

• Capital Projects Feasibility<br />

Programme (CPFP)<br />

INNOVATION CLUSTER<br />

INCENTIVES<br />

• A 50% to 90% cost-sharing<br />

grant to maximum R8-million<br />

per annum for three years for<br />

approved project engaged<br />

in applied research and<br />

development in science,<br />

engineering and technology.<br />

• Matching scheme that provides<br />

financial assistance in the<br />

form of a non-taxable grant<br />

for qualifying costs incurred in<br />

development activity associated<br />

with a specific project to a<br />

maximum of R5-million.<br />

SERVICES INVESTMENT CLUSTER<br />

EXPORT CLUSTER<br />

• Reimbursable cost-sharing<br />

grant of 30% to 50%,<br />

maximum of R20-million for<br />

qualifying costs. Score based<br />

on economic benefit criteria.<br />

• For productions with various<br />

QSAPE amounts, various<br />

percentage and calendar days<br />

requirements may be waived<br />

and such discretion will take<br />

into account the budgetary<br />

implications of the decision made.<br />

• Return airfares, subsistence<br />

allowances, the cost of sample<br />

transportation and various other<br />

costs may be covered in respect<br />

of costs related to marketing,<br />

missions and trade fairs.<br />

• Project Funding. A reimbursable<br />

80:20 cost-sharing grant scheme.<br />

• Emerging Exporters. 100%<br />

of the cost to a maximum of<br />

R1.9-million per project.<br />

• Reimbursable contribution up<br />

to a maximum of R8-million.<br />

PROGRAMME<br />

• Black<br />

Industrialists<br />

Scheme (BIS)<br />

• Aquaculture<br />

Development and<br />

Enhancement<br />

Programme<br />

(ADEP)<br />

• Strategic<br />

Partnerships<br />

Programme<br />

(SPP)<br />

• Agro-Processing<br />

Support Scheme<br />

(APSS)<br />

• Automotive<br />

<strong>Investment</strong><br />

Scheme (AIS)<br />

• Special Economic<br />

Zone Fund (SEZ)<br />

MANUFACTURING INVESTMENT CLUSTER<br />

• Critical<br />

Infrastructure<br />

Programme (CIP)<br />

INCENTIVES<br />

• A 30% to 50% cost-sharing grant of up to<br />

R50-million. Offers support on a costsharing<br />

basis towards capital investment<br />

costs, feasibility studies, post-investment<br />

support and business development<br />

services (to the maximum of R2-million).<br />

• Reimbursable cost-sharing grant of 30%<br />

to 50%, maximum of R20-million.<br />

• A maximum of R15-million per<br />

financial year on a 50:50 basis.<br />

• Reimbursable cost-sharing grant of 20%<br />

to 30% to a maximum of R20-million.<br />

Non-taxable cash grant of<br />

• 20% of the value for light motor<br />

vehicle manufactures and<br />

• 25% of the value of qualifying<br />

investment in component manufactures<br />

and tooling companies.<br />

INFRASTRUCTURE INVESTMENT CLUSTER<br />

• Preferential taxes (including 12i Tax Allowance)<br />

• Bulk infrastructure (electrical substations,<br />

water storage, sewerage<br />

treatment and pumping, etc)<br />

• Top structures<br />

• Business development (pre-feasibility studies<br />

and feasibility studies, technology testing<br />

and training, EIA and general research<br />

linked to planned investment and clusters)<br />

Registered private entities and local<br />

governments (municipalities, excluding<br />

metropolitan municipalities).Types of<br />

supported projects, capped at R50-million:<br />

• strategic infrastructure feasibility studies<br />

• generic investment<br />

• South African film and TV studios and cinemas<br />

• state-owned testing facilities<br />

• state-owned industrial parks<br />

• distressed municipalities or investors<br />

in such municipalities

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

Saved successfully!

Ooh no, something went wrong!