The Department of Trade and Industry (the dti) recently launched the 2013 – 2016 Industrial Policy Action Plan which aims to prevent industrial decline, support the growth and diversification of South Africa’s manufacturing sector, as well as reduce the over-reliance on commodity exports.
Recent infrastructure and industrial development in the SADC region are opening up new opportunities for investors. Essential to regional integration is economic diversification which will assure sustainable and long term growth for Southern Africa’s economies. the dti has also embarked on the establishment of designated Industrial Development Zones (IDZs), as well as the planned Special Economic Zones (SEZs) to promote industrialisation.
