1 minute read

INVESTMENT OPPORTUNITIES NKOMAZI SEZ

Selected Strategic High Impact Projects: Nkomazi Special Economic Zone

The Nkomazi Special Economic Zone has been officially designated and MEGA has been appointed to establish the entity.

SEZs are geographically designated areas set aside for specifically targeted economic activities that are supported through special tax incentives. An SEZ aims to be an economic development tool to promote rapid economic growth by using various support measures to attract targeted foreign and domestic investments and technology. The main goal is to support the implementation of South Africa’s industrial development programme.

Strategically positioned in the border town of Komatipoort, the SEZ offers a multi-sector base of operations along the Maputo Development Corridor which provides exporters with good access through Maputo Port to the export markets of South East Africa, the Indian Ocean Rim and Far East Asia.

The Nkomazi SEZ will target investment from the agriculture, agro-processing, nutraceuticals and fertiliser production sectors, as having a strong focus on logistics and trade services.

The NSEZ offers the investor a unique and incentivised base of operations on the Maputo Development Corridor running through the most highly industrialised and productive regions of Southern Africa.

The Maputo Corridor is bound to develop even more as the Maputo harbour improves its handling and scheduling capacity. In the event that a second rail line to Maputo to complement the current rail link is developed, the shipment of mining products

Foreign Trade

Mpumalanga is proving to be a key player in the local economy as well as internationally.

This article is from: