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terms of job creation, investment size and potential from commerce and industry, labour organisations,
revenue creation. Ideally, the projects should include government and academia.
a combination of uses (retail, commercial and housing, Under manufacturing, the following clusters or
for example) and they should fit in with the United programmes are active:
Nation’s Sustainable Development Goals.
KZN Clothing and Textile Cluster (KZN CTC)
The Point Waterfront Development, for example, Durban Automotive Cluster (DAC)
fits very well into the category of a catalytic project. Durban Chemical Cluster (DCC)
Some projections put the potential investment eThekwini Maritime Cluster (EMC)
value at R40-billion and the number of permanent KZN Furniture Incubator
jobs to be created at 6 750. It is an ambitious plan Agro-processing development programmes
that is already linking the city’s beach promenade
and the harbour. Research aims to find out how best to grow particular
The Point Waterfront Development offers a property economic sectors, and in-depth discussions are held
use mix of office space, retail shops, residential about how to develop and grow value chains. The
dwellings and leisure options. The 55 ha site has wealth of KwaZulu-Natal is mostly consumed or
already seen significant investment. A new cruise line exported in its raw state - much more could be done
terminal in the harbour, backing on to the Point will to add value through processing.
dovetail well with the new atmosphere of the precinct. The priority sectors are:
Other major projects, amongst others, include the: Automotive and allied industries
GO!Durban Transport Oriented Development, Logistics and logistics management
which has already received major road upgrades ICT and BPS (Information & Comm’s Tech,
and will be an even greater enabler of trade plus business process services)
Centrum Government Precinct which would Agri-processing
formalise the relationship between buildings Life sciences (including pharmaceuticals, medical
device manufacturing, plus health facilities)
such as the International Convention Centre (and Tourism asset development
extensions) and a related hotel, the library, council
chambers and the redevelopment of Gugu Dlamini Some of these initiatives play to the existing strengths
Park of the regional economy, some seek to exploit newer
Cornubia integrated human settlement avenues as in the emphasis on the environment and a
development north of Durban, on 1 300ha, growing interest in the oceans’ economy. A variety of
a partnership between Tongaat Hulett projects link tourism, renewable energy generation,
Development, the human settlement recycling and job creation.
departments at national and provincial level There are various other broader programmes which
and eThekwini municipality have their own goals, but there will be positive spin-
Dube TradePort, the multi-modal facility at offs for the targeted sectors. These schemes include
King Shaka International Airport
the drive to increase local content, boosting metal
Cluster Initiatives fabrication across sectors, the promotion of black
Durban has a very diverse economic landscape, industrialists, promoting exports and the over-arching
within which there are some large-scale enterprises. eThekwini Industrial Development Policy Action Plan.
Cooperation between the public and private sectors Companies operating in these key sectors are
is formalised by the large number of cluster initiatives invited to contact Invest Durban and benefit from
which aim to draw to together experience and expertise these initiatives!
Full Name of Company: Invest Durban KEY PERSONNEL
Nature of Business: Investment promotion for Deputy City Manager: Phillip Sithole
eThekwini Municipality HOD: Russell Curtis
Services / Products: “First Stop Shop” to attract, CONTACT DETAILS
retain, expand and facilitate foreign direct investment Head Office
into the Durban Metro. We provide marketing Physical Address: 41 Margaret Mncadi Avenue, 11th
support, free investment advisory services, project Floor, Durban, 4001
management assistance, opportunity identification, Postal Address: P.O. Box 1203, Durban, 4000
and regulatory process facilitation to Foreign Tel: +27 (0)31 311 4227 Fax: +27 (0)31 311 4092
Investors, plus local Empowerment Partners. E-mail: invest@durban.gov.za
Date Established: 2001 Website: www.invest.durban
www.durban.gov.za
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