Page 12 - KZN Business Sense 5.3

Investment Roadshow UK Mission in June 2018 Launch of Team Durban
DRIVING INVESTMENT PROMOTION IN DURBAN

nvest Durban Unit is The Business Process Enabling and effort to make a step change Committee (an initiative that Future Focus 2019/2020
responsible for driving all South Africa partnership along in the quality and range of sees private entities, local and Planned activations for the
Iinvestment promotion, with Trade and Investment investment marketing materials provincial stakeholders around
foreign direct investment KwaZulu-Natal (TIKZN) and plus channels used. This has one table whose core focus is next fiscal year include creating
facilitation, foreign investor the Department of Economic included, inter alia, a new range to attract investment into each closer relationships with the
aftercare and constructive Development, Tourism and of FDI Sector Briefs, a new respective region). diplomatic community present
advocacy for investment related Environmental Affairs will see the website, greater usage of social in the City; Brand SA, Invest SA
policy, programme and process KZN Province position itself as media and other electronic A significant public private and global media teams, such as
improvements. the next frontier for investment. channels, plus more visible partnership investment roadshow CNBC Africa.
Durban was a successful bidder participation in relevant domestic to the United Kingdom (UK) was
The unit’s vision, aligned to against Cape Town to host the undertaken in June 2018. Keeping in line with
eThekwini’s, is that by 2030, next GBS event in our City. and international events. This relationship building, City and
Durban will be Africa’s most is complemented by a greater The above collaborations Provincial planned projects
caring and liveable City, and a Investment Support and shift to proactive and targeted earned the Invest Durban include the KZN Investment
globally recognised, preferred Advocacy outbound investor missions to the team, including our Business Conference taking place in
African investment destination, foreign diplomatic community leadership partners, the 2018 September 2019, plus the World
through the attraction and Since the Presidential Investment based in South Africa. Standard Bank KZN Top Routes Conference where new
facilitation of significant foreign Drive launched in October 2018, Aftercare Business Portfolio Award for the airlines routes are negotiated.
direct investment (FDI) that will the Unit has been responsible for most exceptional Partnership The annual UK Investment Drive
stimulate social, financial and advocating for large domestic Investor aftercare has been delivery. will be taking place in October
economic growth for ALL. and foreign investors in the provided to several companies 2019 (initiated by eThekwini).
eThekwini Municipal region. We and projects, including: The other investment
Invest Durban Unit mission have sought to ensure that any This would be the third annual
is to undertake world class FDI challenges experienced holding Defy; Samsung; CCI; Auto promotion and marketing leg of this mission. Trips to the
promotion and facilitation by up development are readily Supplier Park; Spar Group; Illovo achievement was being an USA are also planned in 2019/20.
building operational capacity, addressed, and businesses kept Sugar; AVK Consortium; CCI invited as a fully United Nations In addition, there are additional
entrenching best practice informed on progress. Global (Mauritius) Ltd; Blendcor sponsored speaker at the UN proactive, outbound engagements
approaches, embracing a (Pty); SBS Tanks; SCA Africa; World Investment Forum in with the other BRICS countries,
targeted investor outreach and We are proud to have Sappi Sappi South Africa Anchor Geneva during October 2018, plus the USA, planned. These
nurturing partnerships with all named as one of the Presidential Properties; Crossley Carpets; with three panel speaking being via/with various Chambers
stakeholders in order to win new Projects launched. Sozo Logistics; and Property invitation slots, shared with of Commerce, industrial clusters,
investment for the benefit of ALL Incentives Package Solutions. our deputy city manager, plus international research/media
in eThekwini. a Durban dedicated panel on
The Unit has compiled an Successes and Awards “Private Sector Solutions for houses, plus the other spheres of
2018/2019 KEY PRIORITY Incentive Package for Investment Sustainable Development: LIV South African Government.
Key executives of the City were
PROJECTS destined into the region. This handpicked as Team Durban Village” which was one of only We look forward to hosting
document has all incentives ready 12 case studies picked up by the the Bio Africa Convention 2019
Investment Facilitation & for investors listed. Investors are members and this initiative
Servicing encouraged to stay up to date was launched and made public. UN Media/TV Unit for filming, and attracting more investors
private TV interviews and global
The Unit has made significant with latest incentives on offer. In Various key engagements broadcast. into the Life Sciences sector. In
partnership with local industry
inroads in promoting Durban the new financial year these will are underway following the body, Durban has earned the
as an investment destination be updated and more advocacy is establishment of this initiative. In addition, the strategy rights to host the next global
for the Global Business Service envisaged going forward. Literally landing a success for implementation delivery was event in August 2019, this follows
(GBS) industry formerly Business Durban was the announcement awarded in October 2018 with the
Process Outsourcing (BPO). Investment Promotion and of British Airways flights direct external business-survey-driven a Bio Africa event held in the
We are proud to have hosted Marketing from London to Durban. Invest awards known as the Professional USA in June 2019 in which Invest
fortune 500 companies in Durban The team has applied Durban plays an integral part Management Review “PMR Durban actively participated.
looking to expand into the region. significantly increased budget of the Route Development Diamond Arrow Awards” for The Economic Development
the highest ratings in promoting Cluster will be more formally
the region for Business, and also partnering with the Durban
doing the most to secure job Chamber of Commerce and
creation via investment. Industry under a signed
A key initiative held in MOA, and will look forward
April 2019 saw Invest Durban to working closely with our
collaborate with TIKZN at the private industry stakeholders
Annual Investment Meeting in order to secure investment,
(AIM) held in Dubai. With development, and improvements
a jointly branded exhibition to the region. 
stand and a focused Country
Presentation slot in which Invest
Durban, TIKZN and Invest SA
took centre stage.
Invest Durban won the Standard Bank KZN Top Business Award 2018 for most exceptional Partnership delivery. A repeat roadshow was under-
L-R: Russell Curtis, Moses Tembe, Lalita Dhasiar-Ventura, Imraan Noorbhai, Cllr Sipho Kaunda, Musa Makhunga taken to the UK in June 2019.
and Grant Adlam

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