Page 79 - KZN Top Business Portfolio-eBook 2022
P. 79

Other major projects, amongst others, include the:  Agro-processing development programmes
            ƒ GO!Durban Transport Oriented Development,    Research aims to find out how best to grow particular
            which has already received major road upgrades    economic sectors, and in-depth discussions are  held
            and will be an even greater enabler of trade  about how  to  develop and grow value chains.  The
            ƒ Centrum Government Precinct which would    wealth of KwaZulu-Natal is mostly consumed or
            formalise the relationship between buildings    exported in its raw state - much more could be done to
            such as the International Convention Centre (and    add value through processing.
            extensions) and a related hotel, the library,
            council chambers and the redevelopment of    The priority sectors are:
            Gugu Dlamini Park                   ƒ Automotive and allied industries
            ƒ Cornubia integrated human settlement      ƒ Logistics and logistics management
            development north of Durban, on 1 300 ha, a      ƒ ICT and BPS (Information & Comm’s Tech,
            partnership between Tongaat Hulett       plus business process services)
            Development, the human settlement      ƒ Agri-processing
            departments at national and provincial level and      ƒ Life sciences (including pharmaceuticals, medical
            eThekwini municipality              device manufacturing, plus health facilities)
            ƒ Dube TradePort, the multi-modal facility at King
            Shaka International Airport         ƒ Tourism asset development
                                             Some of these initiatives play to the existing strengths
         Cluster Initiatives
                                             of the regional economy, some seek to exploit newer
         Durban has  a very diverse economic  landscape,   avenues as in the emphasis on the environment and a
         within which there are some large-scale enterprises.
         Cooperation between the public and private   growing interest in the oceans’ economy. A variety of
         sectors is formalised by the large number of cluster   projects link tourism, renewable energy generation,
         initiatives which aim to draw to together experience   recycling and job creation.
         and expertise from commerce and industry, labour   There are various other broader programmes which have
         organisations, government and academia  their own goals, but there will be positive spin-offs for
         Under manufacturing, the following clusters or   the targeted sectors. These schemes include the drive to
         programmes are active:              increase local content, boosting metal fabrication across
                                             sectors, the promotion of black industrialists, promoting
            ƒ KZN Clothing and Textile Cluster (KZN CTC)  exports and the over-arching eThekwini Industrial
            ƒ Durban Automotive Cluster (DAC)
            ƒ Durban Chemical Cluster (DCC)  Development Policy Action Plan.
            ƒ eThekwini Maritime Cluster (EMC)  Companies operating in these key sectors are invited to
            ƒ KZN Furniture Incubator        contact Invest Durban and benefit from these initiatives!


























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