KwaZulu-Natal Business 2018-19 edition

01 PROFILE PIONEERING

01 PROFILE PIONEERING INVESTMENT IN KWAZULU-NATAL, GROWING THE PROVINCE’S COMPETITIVE ADVANTAGE AS A PREMIER INVESTMENT DESTINATION TRADE & INVESTMENT KWAZULU-NATAL YOUR KNOWLEDGE PARTNER IN BUSINESS. South Africa is rated among the top 10 in the world in the category of investor protection and good fi scal governance, and the World Bank has rated South Africa among the top 30 countries in terms of its ease of doing business. South Africa is also regarded as one of the least costly areas in which to establish a business. In line with this, the province of KwaZulu-Natal has established itself as a premier domestic and international investment and tourist destination. With two of the busiest ports on the Sub-Saharan African Continent, in addition to its world-class road and rail infrastructure, KwaZulu-Natal enjoys the strategic and competitive advantage of being a global gateway for trade into Southern Africa and to the world. Its strategic location and highly developed industrial sector ensure a competitive edge for both local and foreign investors and offers unique advantages for local exporters. Investment in KwaZulu-Natal continues to emerge as a major contributor to South Africa’s growing economy, with the province’s contribution to national GDP amounting to 16%, and it is statistically the second-largest GDP per region in South Africa. The favourable business environment has made the province a sound investment destination for investors from around the world. MANDATE Trade & Investment KwaZulu-Natal is a South African trade and inward investment promotion agency, established to promote the province of KwaZulu-Natal as an investment destination and to facilitate trade by assisting local companies to access international markets. The organisation identifi es, develops and packages investment opportunities in KwaZulu-Natal; provides a professional service to all clientele; brands and markets KwaZulu-Natal as an investment destination; retains and expands trade and export activities; and links opportunities to the developmental needs of the KwaZulu-Natal community. VISION “To be the leader in developing and promoting export trade in KwaZulu-Natal and to position the Province as a premier destination for investment.” MISSION • Identify and package investment opportunities in KwaZulu-Natal • Brand and market KwaZulu-Natal as an investment destination • Link opportunities to the developmental needs of the KwaZulu-Natal community • Ensure easy access to investment and export trade opportunities OBJECTIVES Trade & Investment KwaZulu-Natal’s business objectives include: • To meet shareholder and stakeholder expectations, TIKZN aims to deliver exceptional professional service levels and support to clients and stakeholders through the following initiatives: • Attracting, developing and retaining highperformance employees with skills and competencies to manage key internal business processes, including marketing TIKZN as an investment promotion agency • Enhancing TIKZN’s research and knowledge capabilities and using technology as an enabler for its business

SUCCESSFUL PROMOTION OF BUSINESS INVESTMENT AND TRADE DEVELOPMENT • Ensuring corporate governance and fi nance reporting standards compliance • Advocating for a conducive business environment in KwaZulu-Natal, in addition to marketing the province as a premier business destination DURBAN KEY ACTIVITIES Trade & Investment KwaZulu-Natal undertakes a diverse range of key activities, all designed to ensure the successful promotion of business investment and trade development. Such activities include: • The facilitation of joint ventures • The facilitation of business linkages between small and big business • The timely provision of relevant and reliable information to both potential and existing investors and traders • Assistance to existing and new investors regarding applications for investment as well as export-marketing incentives • Assistance to foreign investors in terms of applications for business permits • Negotiations for local government incentives on behalf of investors • The provision of project support and aftercare services to investors • The provision of assistance to emerging international traders • Assistance with international trade enquiries. • Assistance to investors with regard to locating suitable premises • Assistance to investors in terms of securing project and operational fi nance The key priority sectors of focus for the Organisation include: • ICT and Business Process Outsourcing • Transport, Maritime and Logistics • Infrastructure Development • Agriculture (Primary and Secondary) • Manufacturing • Mining • Renewable Energy • Tourism Development MUNICIPAL INVOLVEMENT Trade & Investment KwaZulu-Natal (TIKZN) continues to stamp its authority on the trade and investment sector and have been partnering with all spheres of government to support local trade and businesses to create and sustain employment for the people of KwaZulu-Natal. The organisation embarks on municipal roadshows aimed at promoting districts as an investment and trade destination, to strengthen relationships and the fl ow of communication between TIKZN and all spheres of government. CONTACT INFO KwaZulu-Natal Office: Trade & Investment House, 1 Arundel Close, Kingsmead Offi ce Park, Durban, 4001 Tel: +27 31 368 9600 Fax: +27 31 368 5888 Gauteng Office: 99 George Storrar Avenue, Groenkloof, Pretoria, 0181 Tel: +27 12 346 4386 / 6763 Fax: +27 12 501 1788 info@tikzn.co.za www.tikzn.co.za www.exportportal.co.za