Davies highlights new SEZ trade growth potential

The recent designation of the Nkomazi Special Economic Zone (SEZ) in Mpumalanga would contribute significantly to the economic and industrial development of the Nkomazi region and the province, said trade and industry minister, Rob Davies, on Tuesday. This follows his designation of the Nkomazi SEZ as the 10th Special Economic Zone in South Africa last month. The Nkomazi SEZ will be developed as an agroprocessing hub, supported by logistics and other related services. To date, the SEZ programme had attracted 115 private companies with a total value of R11.6 billion from private investments, highlighted Davies. “The SEZ Programme continues to be government’s priority industrial infrastructure programme aimed at developing new industrial hubs, attracting new foreign direct and domestic investments, contributing to the development of industrial capabilities and skills development, as well as creation of decent jobs,” he said.