Togehe e moe Noh We foad - NWDC

Together we move North West forward

It gives me great pleasure to present the first edition of

the North West Province Investment Book. Through the

release of this Investment Book, we intend for it to

serve as an important resource that would assist in the

decision making for potential investors, both local and

international, that will be requiring information on

Investment opportunities within our Province. Through

the release of this publication, we hope to share vital

information needed for decision making in so far as

investing in our Province is concerned. We will give

an overview of our economic landscape and also

share information on some already identified

investment opportunities that present themselves

within our Province.

Our location is one of our greatest natural

advantages as a Province. The main Cape

Town to Zimbabwe railway line runs through

the provincial capital of Mahikeng, linking the

North West Province to several SADC

countries, including Angola, Zambia and

Botswana. An extensive road network

connects the major commercial centres of the province to the rest of the country via a network of 1

785 km of national roads.

The N4 Highway which cuts through the province is of economic benefit to the Province. It connects

the Port of Walvis Bay, Namibia with the Maputo Port in Mozambique which is a major trade corridor

for the regional economy. Its strategic positioning has been further improved with the completion of

the Trans Kalahari Corridor through Botswana and Namibia – and these developments bode well for

a thriving business and tourism economy.

Our Province offers easily-available skills and distribution channels imperative for agricultural

commercial ventures and plays a significant role in the supply of energy, transport and communi-

cations to the African continent.

The Province is considered to be an important contributor to the Southern African food basket with

an estimated 43.9% of the province categorised as “arable“ land. More than 20% of South Africa's

maize crop is produced in the province. Other agricultural products produced are livestock (cattle,

poultry and game), sunflower seed and oil, nuts, citrus and tobacco. It is also known for its' significant

presence of game farms and lodges which attract tourists and hunters.

The Province is looking to participate in the DTI’s roll out of the One Stop Shop Investment Centres

through Invest South Africa (Invest SA). The One Stop Shop Investment centre will facilitate seamless

coordination and support to investors. We also envisage the participation of the development financial

institutions (DFI) in this initiative.

uuuuu uuuuI n v e s t m e n t C o n f e r e n c e

1N O R T H W E S Tuuuuu uuuu

I n v e s t m e n t C o n f e r e n c e

N O R T H W E S T

Foreword by the MEC for Finance, Economy and

Enterprise Development

Investment into our region has been generally be depressed over the last few years owing to the

distress in the mining sector and carryover impact of drought in agriculture. Following the president‘s

call for an all-out effort to attract investment, we have built a pipeline of bankable investment opportu-

nities. The pipeline forms part the vehicle the North West Province is using to try and solicit for

new investment. Catalytic opportunities with a potential for high economic developmental impact

are being promoted to unlock new investment. The key anchor project is the SEZ project in

Mogwase that is expected to catalyse investment in the Bojanala district with a spill over effect to

the rest of the Province.

One catalytic project is the Matlosana N12 Development which spans some 1 114 Ha on both sides

of the N12 Treasure Route Corridor. The project is situated between the mining towns and Stilfontein

and Matlosana, in the Dr. Kenneth Kaunda District. Isago@N12 Development Pty is a fully integrated

mixed-use development. The project has attracted interest from a public equity investment to the

tune of R550 million for the acquisition of a 60% shareholding which is expected to assist in kick-

starting the infrastructural backbone that will support investment into the area.

The R1.2 billion catalytic Matlosana meat processing plant is another bankable opportunity soliciting

for investors. The focus of this business venture will be the slaughtering of cattle and pigs and

processing of red meat products. The plant will slaughter and process approximately 500 cattle and

1,000 pigs per day. There is an increasing demand for red meat products in South Africa, as well

as abroad.

Other catalytic projects along the fluorspar value chain from extraction to refinement of fluorspar

from dolomitic ore, whilst simultaneously manufacturing dolomitic lime derivatives towards zero

waste generation are under active consideration in the NWP. Results from feasibility studies will

indicate viability of investments.

The North West Province is strategically located as the gateway to SADC and the African Continent.

MEC Wendy Mmaphefo Matsemela


N O R T H W E S T


3N O R T H W E S T

North West Province Quick Facts


N O R T H W E S T

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Key Economic Sectors of North West

- Agriculture

- Agro processing and general manufacturing

- Mining and mineral beneficiation

- Tourism

- Green economy

- ICT

Agriculture

The North West is considered to be an important contributor to the Southern African food basket with

an estimated 43.9% of the province categorised as “arable“ land. More than 20% of South Africa’s

maize crop is produced in the province. Other agricultural products produced are livestock (cattle,

poultry and game), sunflower seed and oil, nuts, citrus and tobacco.

There are three distinct climate regions which allow a wide variety of agricultural activity. n Drier Western Region

n Home to considerable cattle and game farming n Hunting

n Central and southern parts n Dominated by maize and wheat farmingn Production of cash crops

n Eastern and north-eastern regionn Receives a fair quantity of rainfall n Accommodates the cultivation of a variety of crops

Agro-processing & Manufacturing

The establishment of Agro Industrial parks is one of the initiatives that the province is pursuing. These Agri-

parks will include industrial and commercial facilities dedicated to production and business services, aimed

at attracting new businesses and integrated infrastructure in one location. The parks will provide localised

environmental controls that are specific to the needs of the industrial area.

A world-class economy of scale abattoir, meat processing and packaging plant and cold storage facilities

seek investment for the beneficiation of cattle. The beneficiation value chain will support the beneficiation

of cattle hides through an economy of scale tannery, leather furniture manufacturing plant, leather apparel

manufacturing and shared warehousing.

The province also hosts manufacturing facilities that include automotive parts, non-metallic minerals,

fabricated metals, food processing, soya protein processing, cereals and numerous other products.

A 2015 study conducted by the North West University identified the following specific localised manufac-

turing opportunities:

Mining and Mineral Beneficiation

North West mining GDP contributes approximately (R76,6bn) 32,9% to the total industries GDP in the

province and 25,2% to national mining GDP and 18,7% to North West formal employment (133800 jobs)

and 29,2% to national mining employment. There are approximately 297 mines in the North West province

according to the Department of Mineral resources statistics.

Mining is the mainstay of the North West economy and it is the chief economic activity of the province.

Platinum is the most important mineral as the province sits on the biggest concentration of platinum group

metals in the world. Chromite is the other major mineral mined throughout the province, and there are

several ferrochrome smelters and other processing plants.

Gold and uranium are found along the border of the province with Gauteng and the Free State (in

Klerksdorp and Orkney). Diamonds are mined at Christiana, Bloemhof and Lichtenburg. Lichtenburg is

also the centre of the cement industry. Other minerals found in the North West include fluorspar, vanadium,

rhodium, uranium, copper, limestone, slate, phosphate, manganese, coal and nickel. There are also

significant stone and granite operations.


N O R T H W E S T

Tourism

The total Tourism spend as a percentage of GDP, contributes about 5% to the North West Economy.

Traditional tourism jobs in the North West are estimated at more than 30,000. Cultural, natural and

historical heritage products include the Taung Heritage Site, the Vredefort Dome Heritage Site and

Mahikeng Capital City. Natural and wildlife attractions include 14 Nature Reserves of which Madikwe

Game Reserve and Pilanesberg Big Five game reserve are some of the offering. Other key attractions

include the Sun City Entertainment Complex and Hartebeespoort Dam with a host of adventure tourism

opportunities.


N O R T H W E S T

Energy and Green Economy

The North West holds great potential for renewable energy opportunities. Opportunities include

cogeneration, municipal waste conversion, biomass (converting alien plants to energy) and solar

technologies including off-grid energy for rural areas.

Technologies that contribute to energy efficiency are also in demand as 63% of the energy of the province

is consumed by mining activities.


N O R T H W E S T

Current Investment Opportunities


N O R T H W E S T

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Top 10 Positive Rankings for South Africa

• Internet bandwidth (11)

• Strength of investor protection (21)

• Willingness to delegate authority (24)

• Financing through local equity market (25)

• Quality of air transport infrastructure (25)

• Mobile cellular phone subscriptions (27)

• Redundancy costs (labour market efficiency) (27)

• Effectiveness of anti-monopoly policy (28)

• University-industry collaboration in R&D (29)

• Available airline seat kilometres (millions per week) (29)

Source: WEF Global Competitiveness Rankings 2017.2018

Contact Person:

Mr Lovemore Makunike

Manager: Trade & Investment Facilitation

North West Development Corporation

014 594 2570

[email protected]

The North West’s Flagship Project: The Platinum Valley SEZ

The Platinum Valley Special Economic Zone (SEZ) project is being executed by a specialised project

management unit within the North West Development Corporation (NWDC).

An SEZ is a Special Economic Zone which is defined as an identifiable portion of land that has been

designated as an SEZ in terms of the Section 23 (6) of the Act, 214 (Act 16 of 2014).

In South Africa, the establishment of SEZs are led by the dti - the Department of Trade and Industry.

Their purpose is to stimulate and grow industrial development in various regions. This will also ensure that

industrial infrastructure such as factories, industrial parks and bulk infrastructure roads are developed

regionally. Such industrial growth will, in turn, stimulate economic growth as sectors cluster together in a

special economic zone. As a result, SEZs have the potential to address the challenges of poverty,

inequality and unemployment across South Africa, especially in rural and inland provinces such as the

North West.

The Platinum Valley SEZ is located in the industrial area of Mogwase near the Sun City entertainment

complex, a 50 kilometers from the city of Rustenburg in the North West Province’s Bojanala district. Which

lies in the heart of South Africa’s Platinum Group Metals (PGM) ore reserves, resources and deposits.

There are over 24 mining shafts within a radius of 60 kilometers surrounding the proposed SEZ that are

mining the Platinum Group Metals.

The SEZ lies within 15 kilometers of the Mankwe Further Education and Training (FET) Campus, offering

technical qualifications that produce boilermakers, artisans, mechanics and more.

Once formally designated, the Platinum Valley SEZ shall offer special incentives to investment and

business.

Infrastructure Advantages:

n Concentrated and dedicated infrastructure required by industryn High voltage (three phase) electric powern Large volumes of clean or desalinated watern Optic fibre and other high-end communication systems and n Road, rail & air infrastructure (Pilanesberg Airport)

Platinum Valley SEZ will be a 1117 - hectare site which shall be developed in three phases

Phase 1A - an 80 hectare brownfield development, focusing on refurbishment of existing factories

Phase 1B - building of top structures on the developed 80 hectares of land;

Phase 2 - development of 486 hectares of land

Phase 3 - development of 471 hectares of land


N O R T H W E S T

SECTORAL FOCUS AREA

In the Platinum Valley SEZ the following sectors have been prioritized:

n Mineral Beneficiation n Manufacturing and Supply ( Capital Equipment, Machinery, Packaging)n Agro-Processing n Renewable Energy

INCENTIVES AND ALLOWANCES

SEZ Incentives

The Investments Strategy for the Platinum Valley SEZ will be informed by and targeted at companies that

operate in the sectors listed.

The incentives offered shall include:

n CIT tax rate of 15%;n Allowances on buildings and improvements;n Wage Incentives;n Special Customs and VAT Incentives; andn Sunset Clause until 2024

SEZ Allowances:

n Industrial Policy Investments allowancesn Depreciation Allowancen Capital Allowancen Leanership Allowancen Certified emissions reductions – tradable carbon emissions; andn Research and Development Allowance


N O R T H W E S T

Contact person for more SEZ info:

Davis Sadike

Project Executive: SEZ PMU

North West Development Corporation

[email protected]

+27 (0)71 106 0406

209 First floor,

Beyer’s Naude drive,

Rustenburg,

0229


N O R T H W E S T

Located at

Bodirelo

Industrial Park in

Mogwase

Mogwase is in

Moses Kotane

LM - Bojanala

District

50km from

Rustenburg

along R510 road

Proposed Location

Togehe e moe Noh We foad - NWDC

Documents

Transcript of Togehe e moe Noh We foad - NWDC