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RICHARDS BAY INDUSTRIAL DEVELOPMENT ZONE
(RBIDZ)
Mel Clark
www.rbidz.co.za
A PASSION TO EFFECT REAL CHANGE � Create employment and improve the skills base
The Richards Bay Industrial Development Zone This prime industrial business and trade hub is one of
(RBIDZ) is a state-owned, legally registered, industrial the country’s leading Special Economic Zones (SEZ). A
development company situated in KwaZulu-Natal. SEZ aims to encourage international competitiveness
Linked to the international deep-water port of through offering a number of benefits:
Richard’s Bay and with prime rail and road access, this � The reduction in corporate tax from 28 to 15%
IDZ is indeed the portal to the world. � World-class industrial land that support
The KwaZulu-Natal government is the sole owner of infrastructure for export-orientated production
the RBIDZ, reporting to the Department of Economic � Dedicated in-house Customs Controlled Area
Development, Tourism and Environmental Affairs (CCA) that supports services to expedite
(DEDTEA) through an accounting authority (Board) forwarding and clearing
that is appointed by the MEC. � Duty-free on imports for production related raw
materials including machinery and assets used in
The RBIDZ is an organisation made up of real people, production with aim of exporting the finished
with a real dedication, and passion to effect real products
change in South Africa. This commitment and energy � VAT exemptions under specific conditions for
is apparent in all dealings with not only each other but supplies procured in South Africa
with potential investors too. The company’s purpose
summarised, ultimately guides the strategic direction The RBIDZ is an integral part of Government’s
of the organisation. The purpose of the RBIDZ is to: macroeconomic policy to develop South Africa’s
� Attract local and foreign investors who will manufacturing sector. This is done through
beneficiate South Africa’s raw materials encouraging investment in export orientated
� Create production capacity manufacturing industries, centred on beneficiation of
� Provide services the country’s natural resources and thereby creating
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