South African Business 2024

19
INVESTMENT OPPORTUNITY : NORTHERN CAPE
NAMAKWA SPECIAL ECONOMIC ZONE
National Cabinet has approved the intention to designate the
Namakwa National Cabinet SEZ has Aggeneys approved in the designation Northern Cape. of the The Namakwa proposed SEZ
designation in Aggeneys is in done the Northern in terms Cape. of the The Special proposed Economic designation Zones is done Act,
2014 in terms (Act 16 of the of 2014) Special and Economic the proposed Zones SEZ Act, is 2014 part of (Act the 16 Presidential of 2014)
Investment
INVESTMENT
and the proposed Drive.
OPPORTUNITY
SEZ is part of the Presidential Investment Drive.
•
• The Namakwa SEZ will
will
unlock
unlock
mining
mining
beneficiation, the
production
production
of
green
of green
hydrogen,
hydrogen, infrastructure development, renewable energy
and agro-processing.
and • More than R29-billion in investments has already been committed
• More than National Cabinet has in investments approved the has designation already of been the Namakwa committed SEZ
for phase
for phase in Aggeneys
one of the
one of the in
SEZ.
the SEZ. Northern
These include
These include Cape. The
commitments
commitments proposed designation
from Vedanta
from Vedanta is done
Zinc, Frontier
Zinc (R16-billion), in terms Rare of the Earths,
Frontier Special Hive Economic Energy
Rare Earth Zones and RRS
(R13-billion), Act, Trade 2014 and (Act Investment.
Hive 16 of Energy 2014)
and the proposed SEZ is part of the Presidential Investment Drive.
(R200-million) and RRS Trade and Investment (R100-million).
MISSION • The Namakwa SEZ will unlock mining beneficiation, production of
Create an industrial green hydrogen, hub for infrastructure the West development, Coast and renewable a catalyst energy for
MISSION
industrialising
and
the
agro-processing.
western SADC area.
Create an • More industrial than R29-billion hub for in the investments West Coast has already and a been catalyst committed for
industrialising for phase the western one of the SADC SEZ. area. These include commitments from Vedanta
PROJECT LOCATION
Zinc (R16-billion), Frontier Rare Earth (R13-billion), Hive Energy
Aggeneys is 66km from Pofadder and 110km from Springbok and in
PROJECT
(R200-million)
LOCATION
and RRS Trade and Investment (R100-million).
the regional network of the Boegoebaai harbour.
Aggeneys is 66km from Pofadder and 110km from Springbok.
MISSION
ECONOMIC Create IMPACT an industrial hub for the West Coast and a catalyst for
ECONOMIC IMPACT
Operations industrialising will add R1.1-billion the western SADC to area. state tax revenue annually.
• Operations will add R1.1-billion to state tax revenue annually
A proposed smelter is to be built to treat zinc concentrate at
Gamsberg
• Opex will PROJECT
and
add R5.8-billion LOCATION
to process
to
additional
national GDP
sulphuric
annually
acid for further
downstream • Capex will Aggeneys
industrialisation. add R6.7-billion is 66km from in Pofadder
The one-off and
zinc concentrate value 110km to GDP from Springbok.
produced at the
existing • Capex concentrator will add R1.6-billion plant will in one-off be treated value in to the tax smelter revenue
ECONOMIC IMPACT
using the
conventional • Operations roast-leach-electrowinning will add R1.1-billion to (R-L-E) state tax process. revenue annually
VALUE PROPOSITION
• Opex will add R5.8-billion to national GDP annually
TARGETED The value • proposition SECTORS
Capex will add of R6.7-billion the Namakwa in one-off SEZ is value based to GDP on the existence
• of Mining the Gamsberg • Capex will Zinc add Mine R1.6-billion and the in proposed one-off value building to tax of revenue a smelter by
Zinc, Vedanta granite, Zinc copper, International. rare earths, These rare would quartz, be the slateanchor tenants of the
VALUE PROPOSITION
• Mineral processing
The value proposition of the Namakwa SEZ is based on the existence
Zinc processing of the Gamsberg plant, zinc Zinc smelter, Mine and copper the proposed processing building plant of a smelter by
• Petro-chemical Vedanta Zinc International. These would be the anchor tenants of the
Sulphuric acid, fertiliser, paint, hydrogen production, explosives
NAMAKWA SPECIAL ECONOMIC ZONE
19
• Manufacturing
SEZ. Super It alloys, is proposed batteries, that galvanising a smelter be steel built to treat zinc concentrate
produced
• Transport at Gamsberg. The zinc concentrate produced at the
existing Mining and concentrator agricultural, plant regional will be and treated depots in the smelter using the
•
conventional Engineering roast-leach-electrowinning and suppliers (R-L-E) process.
Renewable energy, transport, construction
• Pharmaceuticals
TARGETED SECTORS
Zinc, food additives
• Mining
• Localisation and supplier development
SEZ. Zinc, It is granite, proposed copper, that a smelter rare earths, be built rare to treat quartz, zinc concentrate slate
produced
Incubator,
• Mineral at
skills
processing Gamsberg.
development
The zinc concentrate produced at the
existing Zinc processing concentrator plant, will zinc be smelter, treated in copper the smelter processing using the plant
conventional BENEFITSroast-leach-electrowinning (R-L-E) process.
• Petro-chemical
Products of the Northern Cape previously had to be transported
Sulphuric acid, fertiliser, paint, hydrogen production, explosives
TARGETED over great SECTORS distances by rail or road.
• Manufacturing
•
Mining
Beneficiated products from the mining industry will be exported
Zinc, Super granite, alloys, copper, batteries, rare earths, galvanising rare quartz, steel slate
• Opex will add R5.8-billion to national GDP annually
• Mineral Transport processing
• Capex will add R6.7-billion in one-off value to GDP
Zinc Mining processing and agricultural, plant, zinc smelter, regional copper and processing depots plant
•• During construction, 9 500 jobs will be created
Petro-chemical
Engineering and suppliers
• Sulphuric Jointly acid, with fertiliser, the Boegoebaai paint, hydrogen SEZ, production, about 3 explosives 250 products such
Renewable energy, transport, construction
• Manufacturing as green ammonia will be produced
Pharmaceuticals
• Super The alloys, SEZ batteries, is aligned galvanising to the steel Gamsberg Zinc Mine and the
• Transport Zinc, food additives
proposed building of a smelter near the Zone and is being
• Mining Localisation and agricultural, and supplier regional development
and depots
developed along strict project management guidelines
• Engineering Incubator, and skills suppliers development
Renewable energy, transport, construction
•
VALUE
Pharmaceuticals
PROPOSITION
EXTENT The Zinc, value food additives proposition of the Namakwa SEZ is based on the
•
540.26 relationship Localisation
hectares
and that supplier such a development Special Economic Zone will have with up
and Incubator, downstream skills development economic activities to boost industrialisation and
JOBS to supply and add value to regional produce and consumer goods.
EXTENT During construction, 9 500 jobs will be created with about 3 250
540.26 permanent hectares
The close jobs vicinity once the to zone both is fully Namibia operational. and Boegoebaai is
JOBS
a tremendous benefit and competitive advantage. The
During proximity construction, to mining 9 500 and jobs agricultural will be created sector with about activities 3 250 and the
permanent short distance jobs once from the zone coast is to fully deep operational. water further enhances the
value proposition.