Special Economic Zones(SEZs)
Special Economic Zones (SEZs) are geographically designated areas set aside for specific targeted economic activities. These industrial hubs are supported through special incentives and trade laws that differ from the rest of the country.
Incentives offered in SEZs include
Preferential 15% corporate tax rate
VAT and customs duty suspension in customs-controlled areas
Preferential land rental and utility rates
There are seven designated zones
This zone is two hours north of Cape Town. It is an oil, gas and marine repair engineering and logistics services complex, servicing the upstream oil exploration industry and production service companies operating in the oil and gas fields off Sub-Saharan Africa.
Coega is in the Nelson Mandela Bay Metropolitan Municipality on the East-West trade route to service both world and African markets. It has attracted investment in the agro-processing, automotive, aquaculture, energy, metals logistics and business process services sectors.
The zone has become a prime industrial park, renowned for its customised solutions for various industries, including automotive, agro-processing and aquaculture. It is an ideal location of exported manufacturing and processing, providing investors with connections to major markets, locally and across the globe.
This zone in Harrismith is at the mid-point of the crucial Durban-Johannesburg route, offering access to the port of Durban as well as logistics for the transfer of freight between road and rail.
This special economic zone is strategically located along the N1 North-South route into the Southern African Development Community (SADC), close to the border between South Africa and Zimbabwe.
Nkomazi Special Economic Zone (SEZ) has been formalized to provide a competitive and highly efficient industrial Cluster that position itself as the leading location for Agro-processing, and Logistics services activities within South Africa, in response to investor demand.
This industrial estate is on the north-eastern South African coast. The N2 business corridor links the province’s two major ports of Durban and Richards Bay, and connects with Maputo in Mozambique and, ultimately, areas of East Africa. With prime rail and road access, this zone is a portal to the world.
The main hub of the Platinum Valley SEZ is to be housed in a 100 hectare site of the Bodirelo Industrial Park. The industrial park is located near the town of Mogwase in the Bojanala Platinum District of the North West Province.The site will be developed in three phases comprising of a logistics park, light manufacturing space and a heavy industries manufacturing space.