Municipal Focus Volume 56

Page 44

TIKZN

KwaZulu-Natal contributed roughly 16.3% to the national gross domestic product (GDP) in 2020, has the highest export propensity in the country, has the second highest level of industrialisation (as proxied by manufacturing output size) and boasts two industrial zones.

TRADE & INVESTMENT KWAZULU-NATAL POSITIONING KWAZULU-NATAL AS A PREMIER INVESTMENT DESTINATION

T

rade & Investment KwaZulu-Natal (TIKZN) is a South African outward trade and inward investment promotion agency, established to promote the province of KwaZuluNatal as an inward investment destination and to facilitate outward trade by assisting local companies

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Municipal Focus

to access international markets. The organisation identifies, 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. TIKZN came into being following the national government’s decision to delegate investment promotion to the provinces rather than retaining it as a national function as had previously been the case. Internationally, the


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