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Domestic

Gauteng to launch InvestSA One Stop Shop

09 Apr 2018 - by Staff reporter
Gauteng is a leading subnational destination for Foreign Direct Investment into Africa.
Gauteng is a leading subnational destination for Foreign Direct Investment into Africa. 
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Minister of Trade and Industry, Rob Davies, and Gauteng premier David Makhura will launch the Gauteng InvestSA One Stop Shop (OSS) at the Gauteng Investment Centre in Sandton tomorrow.

“The objective of the provincial Invest SA OSS is to provide professional service to all investors through specialist [advice], reducing regulatory inefficiencies and red tape for investors looking to invest in Gauteng,” according to a statement.

Makhura said that the OSS would further strengthen Gauteng’s position as a preferred and competitive destination for investment by helping to reduce the cost and ensure ease of doing business in the province.

“Gauteng province is an economic hub for South Africa’s investment opportunities…and hosts major multi-national companies that are increasing their investment in South Africa,” added Davies. “The launch will strengthen coordination in the three metros and economic corridors in the province, together with other departments and agencies under one roof.”

The InvestSA centre will also be used to coordinate regulatory, registration, permits and licensing matters.

The Western Cape’s OSS was launched in September last year, followed by KwaZulu Natal in November.

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