INDUSTRIAL DEVELOPMENT ZONES BY RAINE ST. CLAIRE
South Africa’s economic future: Spotlight on IDZ and SEZs
T
he Industrial Development Zones (IDZ) programme was initiated by the South African government to attract Foreign Direct Investment and enhance value-added exports. However, limitations and the evolving economic landscape marked by BRICS necessitated a policy review, leading to the development of the Special Economic Zones (SEZ). This comprehensive policy, inspired by the National Industrial Policy Framework and the New Growth Path, aims to provide a structured framework for establishing and managing Special Economic Zones (SEZs) while addressing the challenges encountered in the IDZ programme.
40 Public Sector Leaders | November 2023
