Page 18 - 2019\20 KZN Top Business Portfolio - EBOOK

The increased beneficiation of minerals especially in a fibre optic cable and accessory manufacturer; and
aluminium, coal, iron and steel, phosphates and mineral the South African brand Retractaline, who manufacture
sands is being promoted. laundry products and accessories.
Transport, Storage and Communication Dube TradePort’s second-phase expansion which
Transport continues to be a catalyst of economic growth is expected to generate R18bn within the Special
in the country in general as well as in KwaZulu-Natal. Economic Zone over the next five years has the
following as its targeted sectors:
To meet the growing demands of a global world,
flagship projects in the province include the Dube � Medical and pharmaceutical production and
TradePort, which has been constructed north of the city. distribution;
Dube TradePort takes advantage of its prime location � Electronics manufacturing and assembly;
as the only facility in Africa combining an international � Aerospace and aviation-linked manufacturing and
airport, dedicated cargo terminal, warehousing, offices, related services;
retail, and agriculture hub. Together with the fast- � Agriculture and agro-processing; Clothing and

textiles; and
growing King Shaka International Airport, intermodal � Automotive manufacturing and assembly
road, rail and sea infrastructure is seamlessly integrated.
These are critical enablers for business efficiency Richards Bay Industrial Development Zone (RBIDZ)
and effectiveness. provides the province with an ideal platform to
Special Economic Zones (SEZ) are one of the maximise opportunities related to the ocean economy,
Government’s strategic instruments implemented manufacturing, beneficiation, as well as new and
to drive an inclusive economic growth, deepen innovative oil and gas energy options.
industrialisation and industrial rebalancing. The Currently an integrated rapid public transport system is
SEZ designation of the Dube TradePort and the under construction in the Durban and Pinetown areas.
Richards Bay Industrial Development Zone (RBIDZ) The project involves road and rail to provide for better
demonstrates an effort by the government to enhance public transport. The goal of GO!Durban is to have a
the competitiveness of the manufacturing sector and positive effect on the economic structure of Durban
encourage the beneficiation of available resources in order to improve tourism, provide additional job
in the country, by offering a range of benefits for opportunities and maintain sustainable development.
enterprises located within the designated zone.
Keystone Park is a 152 hectare logistics, warehousing and
A few examples of enterprises operating in the SEZ light industrial precinct on the N3, at the Hammarsdale
are Eureka Capital, who are building an office and Interchange. Park provides easy access to the main
innovation centre in Dube City and in Dube TradeZone; Durban, Pietermaritzburg and Johannesburg transport
Samsung Electronics SA, who have set up a monitor and routes and is only a few kilometres away from the
television manufacturing facility; Amsted Reelin, who proposed “intermodal” (inland container terminal) in
are refurbishing train bearings; Yangtze Optics Africa, Cato Ridge South.

� King Shaka International Airport is an economic catalyst for the region
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