AN OVERVIEW OF THE DTI INCENTIVE PROGRAMMES …
Transcript of AN OVERVIEW OF THE DTI INCENTIVE PROGRAMMES …
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AN OVERVIEW OF THE DTI INCENTIVE PROGRAMMES
Presentation to Select Committee on Trade and International Relations
August 10 2011
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Name Designation
Lionel October Director General
Tumelo Chipfupa DDG: The Enterprise Organisation
Qondani Rwigema Director: Business Development Unit
Gabriel Makhonxa Director: Black Business Supplier Development Programme
Donald Mabusela Director: EMIA, Co-operatives
Moloto Sekhobela Deputy Director: Office of the DDG
the dti DELEGATION
DTI Support for Industry
•
DTI Incentives
are
focused
on
job
creation,
investment
and
broadening participation.
•
Three
programmes
accounted
for
most of the reported job creation;
auto
support
under
AIS,
enterprise support under EIP, and
Business Process Services.
•
New
programmes
target
250
incubators for SMMEs
•
In
sectoral
terms,
progress
substantial
in
some
industries
–
auto,
BPS
and
capital
equipment
–
but
renewable
energy
and
biofuels are lagging
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Programme Estimated No. of Jobs to be
supported
Critical Infrastructure
Grant
9 394 direct permanent jobs
Enterprise Investment
Programme
17 838 direct full‐time equivalent jobs
(approvals until March 2011)
Automotive Investment
Scheme (AIS)
6 279 direct full‐time equivalent jobs
(approvals until March 2011)
Business Process
Services Incentive
15 868 direct full‐time equivalent jobs
(approvals until July 2011)
12‐I tax allowance (from
Sept 2010)
From 1 April to 22 June 2010: Direct
jobs 498; Indirect jobs approximately
11
649
Total investment: R4.3bnFILM No estimate availableCo‐operative Incentive
Scheme
1 170 direct permanent jobs
Export Marketing and
Investment Scheme
1 600 direct permanent jobs
Seda Technology
programme
893
Support Programme for
Industrial Innovation
1 938
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BROADENING PARTICIPATION STRATEGIC FOCUS
AIM• To promote broader economic participation in the economy through provision of incentive
support measures
OBJECTIVES• Increase participation in the economy by historically disadvantaged individuals• Stimulate economic activity in marginalized regions
STRATEGY• Facilitate the development of cooperatives• Promote the growth and development of black-owned business• Promote the growth and sustainability SMMEs• Promote a wider geographic spread of economic activity
INSTRUMENTS• Black Business Supplier Development Programme (BBSDP)• Co-operative Incentive Scheme (CIS)• Emerging Exporters Development Programme• Strong emphasis on SMMEs with the Enterprise Investment Programme (EIP)
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BROADENING PARTICIPATION OUTLINE OF PROGRAMMES
PROGRAMME PURPOSE TARGET OFFERING BUDGET 11/12
MAX FUNDING PER ENTERPRISE
Black Business Supplier Development Programme (BBSDP) 2002 to date
Broader participation of black-owned SMMEs through provision of business development services
• Majority black owned entities
• R250k to R35m turnover
• 1 year trading
• 80:20 cost sharing grant for business development services• 50:50 cost sharing grant for tools, machinery and equipment
R88m R1 000 000
Cooperative Incentive Scheme (CIS) 2006 to date
Broader participation by promoting the development of cooperatives
• Registered co- operative
• Operate in the emerging sector
• Manufacturing, retail & services
90:10 cost sharing grant for machinery, equipment & business development services
R44m R350 000
Project Funding for Emerging Exporters2007 to date
To increase the number of historically disadvantaged exporters
Historically disadvantaged entrepreneurs
100% of costs of approved project for export readiness and development of export markets
R23m N/A
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BROADENING PARTICIPATIONCOOPERATIVES INCENTIVE SCHEME:
PERFORMANCE
Approvals:R3,028% Inc:3Female:171
Approvals:
R14.9m
% Inc:16
Female:466
• Disbursements: 2005 to end May 2011 = R92,523m
• 488 Co-ops have benefited
• Promote greater participation by black persons especially in rural areas
• Primarily aimed at assisting HDIs, women, youth & people with disabilities
• Monthly two day workshops improved application intake from NC, Limp, EC, WC, NW & FS
• Collaboration with other co-op supporting institutions such as National Development Agency, National Youth Development Agency & National Empowerment Fund to improve feasibility and sustainability
• Development of clustering, branding and value adding model conducted in association with industry and agency players.
Sector distribution:• Manufacturing – 90 (18%)
• Wholesale & Retail – 8 (2%)
• Services – 60 (12%)
• Agriculture – 230 (47%)
• Cultural Industries – 4 (1%)
• Clothing & Textiles – 93 (19%)
• Mining – 3 (1%)
Approvals:R3.086% Inc:3Female:136
Approvals:R8.4m% Inc:9Female:91
Approvals:R1.1m% Inc:1Female:92
Approvals:R18.2m% Inc:20Female:366
Approvals:R13.6m% Inc:15Female:274
Approvals:R5.2m% Inc:6Female:148
Approvals:R25m% Inc: 27Female:626
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BROADENING PARTICIPATIONCOOPERATIVES INCENTIVE SCHEME:
CASE STUDY
Doringbaai Fishery Primary Co-operatives
• 10 Fishery cooperatives in Western Cape
• 10 youth in each cooperative
• Fishing factory used
• Commercialise fishing
• Approved amount = R338 000 each
• Three boats, one trailer and tracking system for the boats in the ocean.
• Employs 2 people to track the boats in ocean
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BROADENING PARTICIPATION
BLACK BUSINESS SUPPLIER DEVELOPMENT PROGRAMME: PERFORMANCE
• 2002 to March 2011:
• 10 761 enterprises have benefited
• R452 510 000 has been disbursed
• Current programme has been amended primarily aimed at assisting black-owned SMMEs to acquire productivity-enhancing technology to a maximum value of R1m
• The revised guidelines seek to enhance assistance to targeted enterprises with a turnover of R250k to R35m
• Enable them to access opportunities created by the Broad-Based Black Economic Empowerment (BB-BEE) policies of government, and supply goods and services to the corporate sector, parastatals and government.
• Revised programme commenced on 1 September 2010
•Approvals: 658
•R 29.37 m•% Inc: 8% •% Female:
3%
•Approvals: 5849
•R 252m•% Inc: 52
•% Female 22
•Approvals: 139
•R 5.61 m •% Inc: 1 %•% Female:
1%
•Approvals: 606
•R 33.15m •% Inc: 6 %
•% Female: 3 %
•Approvals: 530
•R20.03 m•% Inc: 5%•% Female:
2%
•Approvals: 1216
•R 45.9•% Inc: 11%
•% Female: 5%
•Approvals: 880•R 34.1 m
•% Inc: 8•% Female: 3%
•Approvals: 497•R 19. m
•% Inc: 5%•% Female: 2%
•Approvals: 386•R 13.35
•% Inc: 4 %•% Female: 2%
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BROADENING PARTICIPATION BLACK BUSINESS SUPPLIER DEVELOPMENT
PROGRAMME:CASE STUDY
Uxolo Service Station
• Caltex Garage Filling Station
• First black owned Caltex Filling in Khayelitsha converted to a convenience shop (Fresh Stop)
• Assistance with branding and acquisition of tools, machinery and equipments
• These interventions were important to create brand awareness about the entity and introduce latest technology in the in business
• Through the conversion the entity was able to sustain 10 jobs and create additional 11 new job opportunities
Before Conversion After Conversion
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BROADENING PARTICIPATIONProject funding for the Emerging Exporters:
Performance
Approvals:40 (4%)
Approvals:
391(43%)
• Disbursements: 2008 to end May2011 = R67.3m
• 899 emerging exporters have benefited
• Promote greater participation by black persons especially in rural areas
• On-going training on export readiness
• Focusing on mission and exhibition participation (local & international)
• Eligible applicants are Export Councils. Industry Associations. JAGs, PIPAs, Municipalities
• Assisted emerging exporters: PDI (Black) 285, PDI (Women) 385, SMMEs 229
Sector distribution:• Aerospace, Rail & Marine – 1 (0%)
• Agro-Processing – 88 (10%)
• Automotive – 0( 0%)
• Chemical & Allied Industries – 9 (1%)
• Creative Industries – 509 (57%)
• Clothing & Textiles – 5 (1%)
• Electro Technical – 9( 1%)
• Metals – 141 (16%)
• Services – 137 (15%)
Approvals:6(1%)
Approvals:180 (20%)
Approvals:13 (1%)
53 (6%)
Approvals:122 (14%)
Approvals:59 (7%)
Approvals:35 (4%)
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BROADENING PARTICIPATION PROJECT FUNDING FOR EMERGING
EXPORTERS: CASE STUDY
• SSAS Emerging Exporters: Lisbon International Handicraft Exhibition
• South African Handicraft makers at the 22nd Lisbon International Handicraft Exhibition from 27 June to 05 July
• Coordinated by Eastern Cape Development Corporation
• Fifteen crafters from six provinces: Mpumalanga, Eastern Cape, Western Cape, Kwa-Zulu Natal, Limpopo and Free State
• Ongoing training on export readiness
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INVESTMENT: SERVICES STRATEGIC FOCUS
AIM• To promote additional investment in the Services sectors.
OBJECTIVES• Job Creation• Growth in tradeable services
STRATEGY• Promotion of labour absorbing activities• Growth of new service sectors
INSTRUMENTS• Business Process Outsourcing and Offshoring (BPO&O)• Film & TV Production Incentive Support Programme• Tourism support Programme (TSP)
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INVESTMENT : SERVICES OUTLINE OF PROGRAMMES
PROGRAMME PURPOSE TARGET OFFERING BUDGET 11/12
MAX FUNDING PER ENTERPRISE
BPS (Business Process Services) Incentive
Encourage the creation of employment opportunities from the offshore market
Enterprises offering Business Process Services to the offshore market
• Operational Incentive of R112,000 per job created in 2011/12; R104,000 per job created in 2012/13 and R88,000 per job created in 2013/14.
R143.1m Unlimited
Film & TV Production2004 to date
To grow the film industry to create jobs and to transfer skills
Local and foreign film producers
•15% of qualifying South African Expenditure for foreign films
•25-35 of qualifying South African Production Expenditure for local films
R260m R20m
EIP: Tourism Support Programme
To promote job creation in non traditional tourism clusters
Tourism businesses
•15-30% grant for qualifying investment in land & buildings; furniture, fittings & equipment; and tourism vehicles
Part of MIP budget
R30m*
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INVESTMENT: SERVICESBUSINESS PROCESS OUTSOURCING &
OFFSHORING: PERFORMANCE
Approvals:1R3.8Investment5.3mJobs225Seats112
Approvals: 4
R84m
Investment 107m
Jobs 2906
Seats 2158
- The BPO&O businesses approved for the incentive is expected to create 16 452 jobs over the next three years.
- Major multinationals, such as Teleperformance, Aegis and Genpact started operations in South Africa
- Most approvals were in the Western Cape and an industry survey by Deloitte and Calling the Cape estimated the economic benefit of the sector at about R2,5 billion
- Of the total investment R42.7 million is in designated areas and 1490 jobs will be created in these areas. The incentive approved for designated areas is R26m.
Approvals:1R4.6Investment7.3mJobs250Seats125
Approvals:7R173 mInvestment 224mJobs 6007Seats: 5570
Approvals:2R68mInvestment: R75mJobs 1941Seats 2142
Approvals:1R3.8mInvestment5.3mJobs225Seats113
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INVESTMENT: SERVICESBUSINESS PROCESS SERVICES INCENTIVE:
PERFORMANCE
Approvals: 3
R135m
Investment 576m
Jobs 1250
- The BPS businesses approved for the incentive is expected to create 15 868 jobs over the next three years, already more than half the 30 000 targeted by government
- Major multinationals, such as Amazon, Amicorp & Emergia started operations in South Africa
- Most approvals were in the Western Cape , however most job creation is expected in KZN
- Of the total investment R84 million is in designated areas and 2000 jobs will be created in these areas. The incentive approved for designated areas is R42m.
Approvals: 4R221mInvestment400mJobs 2076
Approvals: 3R1 billionInvestment: R2.5 billionJobs 9 431
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INVESTMENT: SERVICESFILM & TELEVISION PRODUCTION INCENTIVE
PROGRAMME: PERFORMANCE
Shooting weeks:
WC – 189 (59%) Gau – 94 (30%)
Mpu – 0 (0%) NW – 0 (0%)
KZN – 15 (5%) NC – 3 (1%)
EC – 6 (2%) Limp – 5 (1.5%)
FS – 5 (1.5%)
Various box office hits supported:• Spud, Invictus, Winnie and Oh Shucks it’s 2010.• Chanda’s Secrets/Life - which was filmed in Limpopo and tells the story of a 12 year old girl whose family is struck by illness and she becomes the head of the family - was nominated within the best nine films for an Oscar.
• Liefling with a full South African cast was the first Afrikaans musical to be made in South Africa in more than 20 years.
• The co-production, Judge Dredd with a budget of R263 million is the first film production to be made at the Cape Town Film Studio.
Average jobs per big studio production: Cast 300Crew 300Extras 6000
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INVESTMENT: SERVICES TOURISM SUPPORT PROGRAMME:
PERFORMANCE
TSPTSP PERFORMANCE DATA FROM INCEPTION TO MARCH 11
ProvinceTotal Incentive
(R) Province % of Total
Grants JobsProvince % of Total
Jobs Projects Investment
(R)
Eastern Cape 33,757,055 7% 235 5% 24 161,888,562
Free State 21,348,951 4% 127 3% 17 93,673,203
Gauteng 112,483,717 23% 650 13% 57 695,740,423
Kwazulu- Natal 62,153,036 13% 523 11% 20 746,742,737
Limpopo 42,866,456 9% 2,137 44% 22 317,043,362
Mpumalanga 15,135,899 3% 103 2% 10 68,785,230
North West 87,539,467 18% 502 10% 17 673,963,421
Northern Cape 31,726,579 7% 246 5% 7 235,343,044
Western Cape 72,286,189 15% 359 7% 26 472,829,625
479,297,349 100% 4,882 100% 200 3,466,009,607
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INVESTMENT: MANUFACTURING STRATEGIC FOCUS
AIM• To promote additional investment in the Manufacturing sector.
OBJECTIVES• Job Creation• Value addition• Investment in additional capacity
STRATEGY• Promotion of labour absorbing activities• Facilitation of increased value addition and beneficiation• Provision of world class and competitive infrastructure• Focus on priority sectors
INSTRUMENTS
• Manufacturing Investment Programme (MIP)• Critical Infrastructure Programme (CIP)• Industrial Development Zones (IDZs)• Automotive Investment Scheme (AIS)• Investment and Training Allowance (12 I)
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INVESTMENT : MANUFACTURING OUTLINE OF PROGRAMMES
PROGRAMME PURPOSE TARGET OFFERING BUDGET 11/12
MAX FUNDING PER ENTERPRISE
12 i (Investment and training allowance)
To promote industrial upgrading and new investment in manufacturing
Medium to large manufacturers with investment between R30m and R1.5bn
• Training allowance: max R36 000 per person
• Max 55% of qualifying investment costs in machinery & equipment
N/A Investment allowance of R900m and training allowance of R30m
EIP: Manufacturing Investment Programme (MIP)
To promote investment in the manufacturing sector
Manufacturers with emphasis on lead sectors with investment up to R200m
•15-30% grant for qualifying investment in land & buildings, machinery & equipment and customised commercial vehicles•15% transportation costs for imported machinery & equipment by FDI
R674m R30m for the investment grant and R10m for the Foreign Investment Grant
Automotive Investment Scheme (AIS )
To grow the automotive sector through investment in light motor vehicle and
t
•Light motor vehicle manufacturers producing 50,000 units per plant within 3 years•Component
20-30% grant for qualifying investment in machinery & equipment, tooling & buildings.
R947m N/A
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INVESTMENT : MANUFACTURING INVESTMENT AND TRAINING
ALLOWANCE (12i)
AIM
• To promote industrial upgrading and new investments in manufacturing
Objectives
• Improved energy efficiency with emphasis on cleaner production technology
• Innovative: focus on projects that will utilize processes of innovation, thereby changing pre-
existing techniques and the use of plant, machinery or equipment and these processes will
materially improve production time, reduce production costs, improve product quality or improve
product longevity.
• General business linkages: acquiring goods and services from small, medium or micro
enterprises
• Location in industrial development zone
• Direct employment creation and Skills development
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INVESTMENT : MANUFACTURING INVESTMENT AND TRAINING
ALLOWANCE (12i)• 5 Projects approved 1 of which
is located in IDZ
• Total of R4.3bn in capital investment.
• Estimated that 498 direct jobs have been created
• Indirect jobs estimated at 11 649
-
500
1 000
1 500
2 000
2 500
R'Millions
3031 Grain M
ill Products
(EC)
3342 Ferti
lizers And
Nitr (FS)
3423 Struc
tural Non-R
efra (GAU)
3380 Plas
tic Product
s (WC)
3341 Basi
c Chemicals, Exc
(KZN)
12-I: Total Investment by Sector
2525
.
MIP PERFORMANCE DATA FROM INCEPTION TO MARCH 11
ProvinceTotal Incentive
(R) Province % of Total
Grants JobsProvince % of Total
Jobs Project
s Investment (R)
Eastern Cape 138,973,479 12% 1246 10% 50 1,323,564,435
Free State 35,989,732 3% 494 4% 9 225,075,900
Gauteng 397,047,602 35% 4173 32% 118 6,110,444,749
Kwazulu- Natal 220,645,336 20% 2475 19% 86 1,304,006,328
Limpopo 28,276,353 3% 938 7% 19 158,066,838
Mpumalanga 55,967,746 5% 1088 8% 17 476,210,093
North West 17,962,150 2% 467 4% 10 90,222,990
Northern Cape 13,336,200 1% 72 1% 5 78,565,000
Western Cape 222,356,854 20% 2103 16% 124 1,160,507,365
1,130,555,452 100% 13056 100% 438 10,926,663,698
MIP
INVESTMENT : MANUFACTURINGMANUFACTURING INVESTMENT PROGRAMME: PERFORMANCE
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ACHIEVEMENTS: MANUFACTURING INVESMENTS
MIPMIP Investment by Sector
50%
3%10%
20%
1%7%
1%8%
Agro ProcessingAutomotivesCapitalEquipment and MetalsChemicals,Plastic and PharmaceuticalsElectrotechnicalPulp, Paper and FurnitureRecyclingTextile,Clothing and Leather
• 35% of projected investment in place
• 14% of committed grant paid
• 43% of expected jobs in place
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INVESTMENT : MANUFACTURING MANUFACTURING SUPPORT PROGRAMME:
PERFORMANCE
Marcopolo SA (Pty) Ltd
Inv: R78.2m
Inc: R10.1m
Jobs:2 77
Priority Sector - Automotive
Precision Press (Pty) LtdInv: R10.2mInc: R272.7mJobs: 53Priority Sector - Automotive
Alfa Friction Supplies CCInv: R13.1mInc:R1.4mJobs:33Priority Sector - Automotive
Medupi Fabrication (Pty) LtdInv: R27.5mInc: R2.2mJobs: 266Employment Intensive
Manufacturing Key projects
Safal Steel (Pty) LtdInv: R114.1mInc:R7mJobs:298Employment Intensive
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AIS•Province
Projects Approve d Project Jobs •Total Jobs
•Investment Approved
•Total Incentive Approved •Payments
•1. Gauteng •16 •1,830 •8,852 •3,897,764,021 •1,141,893,364 •79,345,367
• • • • • • •
•2. Eastern Cape •38 •3,660 •19,751 •4,485,467,308 •1,260,835,265•508,824,20
3
• • • • • • •
•3. KwaZulu Natal •13 •477 •11,251 •492,279,734 •111,393,813 •0
• • • • • • •
•4. North West •4 •44 •926 •38,353,101 •9,499,655 •0
• • • • • • •
•5. Western Cape •7 •268 •1,537 •25,320,965 •5,064,193 •0
•Total •78 •6,279 •42,317 •8,939,185,129 •2,528,686,289•588,169,57
0
INVESTMENT : MANUFACTURINGAUTOMOTIVE INVESTMENT SCHEME- :
PERFORMANCE
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INVESTMENT: INFRASTRUCTURE STRATEGIC FOCUS
AIM• To promote additional investment in the Manufacturing sector.
POLICY OBJECTIVES• Reduce the costs of logistics and infrastructure• Skills Development
STRATEGY• Promotion of labour absorbing activities• Facilitation of increased value addition and beneficiation• Provision of world class and competitive infrastructure• Focus on priority sectors
INSTRUMENTS
• Critical Infrastructure Programme (CIP)• Industrial Development Zones (IDZs)
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CRITICAL INFRASTRUCTURE PROGRAMME
• Critical Infrastructure Programme (CIP) is a 70:30 cost-sharing grant intended to leverage strategic investment projects (green- and brownfields) by financially supporting infrastructure critical to such projects, enabling them to establish.
• Total of 42 investment projects supported by the programme with an estimated investment value of R88,4 billion.
• The CIP grant has supported investment mainly in the following sectors: mining, manufacturing, energy, chemicals, tourism and steel sectors.
• The CIP grant for the projects amounts to R1,030 billion.
•The approved projects will support an estimated 47 200 direct permanent jobs.
• Total infrastructure development cost by all projects amounts to R5.3 billion.
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CRITICAL INFRASTRUCTURE PROGRAMME
7 investment projects worth R15,3 bnSector; mining, manuf.9900 direct jobs
9 investment projects worth R7,5bn
Sector autom,manuf,c hemicals, energy. 5700 direct jobs
4 investment projects worth R15 bnSector; mining6300 direct jobs
1 investment project worth R1.1 bnSector; Film300 direct jobs
No project supported by the programme
2 investment projects worth R3.1 bnSector; Manuf, energy3200 direct jobs
10 Investment projects worth R21,9 bnSector; manf., mining, chemicals, Energy, Steel 14000 direct perm jobs
6 Investment projects worth R11,3 bnSector; mining6100 direct jobs
3 Investment projects worth R12 bnSector mining1300 direct jobs
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Manhattan Operations Douglas (Pty) Ltd• Alluvial Mining operation in Northern Cape• Over last 3 years invested over R480m • Production capacity of R7.2m tons per annum
Critical Infrastructure Programme Support• Upgrading 80km road between Douglas and Hopetown
to increase safety and traffic capacity• Bridge across Orange river linking a freight corridor between the R370 and R371, reducing
distance traveled by 120km• Airstrip
• Northern Cape Department of Transport and Public works: Contributed 65% of the cost of the project
• Critical Infrastructure Programme Support: Contributed 35% of the cost of the project• Manhattan Operations Douglas (Pty) Ltd: Contributed 5% of cost of project
Progress to Date• Airstrip completed• Third and Fourth mining operations commissioned costs R280m, which has increased
installed capacity from 7.2m tons to 12,7m tons per annum• 250 jobs created
INVESTMENT : MANUFACTURING CRITICAL INFRASTRUCTURE PROGRAMME:
CASE STUDY
COMPETITIVENESS PROMOTION STRATEGIC FOCUS
AIM• To promote industrial upgrading and the growth of South African export of goods
and services in the global economy.
OBJECTIVES• Increase exports and value addition
STRATEGY• Promote access for South African goods and services to export markets • Promote quality and efficiency of South African goods & services
INSTRUMENTS• Export Marketing & Investment Assistance (EMIA)• Sector Specific Assistance Scheme (SSAS)• Capital Projects Feasibility Programme
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COMPETITIVENESS PROMOTION :EXPORTS OUTLINE OF PROGRAMMES
PROGRAMME PURPOSE TARGET OFFERING BUDGE T 11/12
MAX FUNDING PER ENTERPRISE
Export Marketing and Investment Assistance (EMIA ) 1997 to date
To develop export market for SA goods and services and recruit FDI
Export ready manufacturers
Cost sharing grant for exhibition costs, marketing material & research in foreign markets
R17,5m N/A
Sector Specific Assistance Scheme (SSAS) 2007 to date
To develop export market for SA goods and services and recruit FDI
Non profit business organisations (export councils, Business Associations, Joint Action Groups) in priority sectors
Cost sharing grant (max 80%) for developmental projects
R4m N/A
Capital Projects Feasibility Programme 2005 to date
Promote the export of SA capital goods and services
Capital goods sectors and consulting engineers
Cost sharing grant (max 55%) for feasibility study costs
R9.8m R5m
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COMPETITIVENESS PROMOTION :EXPORTS EXPORT MARKETING & INVESTMENT ASSISTANCE:
PERFORMANCE
Approvals:R2,4m% Inc:0.9
Approvals:
R140.4m
% Inc:49.7
Approvals:R716 084% Inc:0.3
Approvals:R83.2% Inc:29.4
Approvals:R2.3m% Inc:0.8
Approvals:R21.8m% Inc:7.7
Approvals:R25.9m% Inc:9.7
Approvals:R4.9m% Inc:1.7
Approvals:R870 331% Inc:0.3
Sector distribution:• Metals 116 (12.7%)
• Agro-processing 129 (14.1%)
• Cultural Industries 374 (41%)
• Clothing & Textiles 51 (5.6%)
• Electro technical 119 (13.1%)
• Automotive 7 (0.8%)
• Chemicals & allied industries 55 (6%)
• Aerospace rail & marine 20 (2.2%)
• Services (41 (4.5%)
Total 912 Applications
• 24 Feasibility projects approved, 3 projects are bankable.
• Total commitment: of R55,5m.
• Sectors: Agro-processing, mining & infrastructure.
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COMPETITIVENESS PROMOTION : CAPITAL PROJECTS FEASIBILITY PROGRAMME
PERFORMANCE
APPLICANT PROJECTS LOCATION
PGBI Greenfieids sugar cane Ghana
E+PC Engineering & Projects (Pty) Ltd
Duration Gold Zimbabwe
Kwezi V3 Engineers Chingola Railway Ghana
Kovacs Engineering Residential & resort development
Oman
Netgroup Int. (Pty) Ltd Wind farm Lesotho
Afrinaissance Mining Resources Alluvial gold mine Mozambique
Econologistics Tete industrial park Mozambique
Consulmet Metals Gold beneficiation plant Kyrgyzstan