Special economic zones (SEZs) have become one of the major subjects of interest in both developing and developed countries, identified as one of the most effective ways to drive industrial development.
The vision of Fetakgomo-Tubatse SEZ (FTSEZ), which will be based in the Sekhukhune District in Limpopo, is to be the global centre of excellence for sustainable solutions in green energy manufacturing, agro-processing and mineral beneficiation. Limpopo is one of the global leaders in the production of platinum, which is used mainly in industrial, medical and electronic products.
FTSEZ Project Executive Mr Solly Kgopong says one of the key focus areas of the SEZ is to become a significant producer of hydrogen and other clean energy technologies. The hydrogen economy is a game-changer, he says, particularly in the efforts to re-industrialise the provincial economy.
“For FTSEZ, this will provide demand for mining inputs supplies and the opportunity for large-scale industrialisation for mining inputs and beneficiation of mining outputs,” he added
Africa’s first automotive city, TASEZ, is changing the face of South Africa’s manufacturing industry, accelerating economic reform, encouraging investment in the industry and, most importantly, creating jobs.
Located in the City of Tshwane, TASEZ is a multi-billion rand project covering over 200 hectares.
It is a crucial special economic zone that fits seamlessly into the priorities of the South African Economic Reconstruction and Recovery Plan, according to TASEZ Business Development and Investment Promotion Mr Msokoli Ntombana.
“TASEZ plays a catalytic role in extending economic participation across the Tshwane region, opening up multiple opportunities for small, medium and micro enterprises and co-operatives,” he said.