Estate Living Magazine Connection - Issue 43 July 2019 | Page 33

I N V E S T Location Dube TradePort is located 30km north of the coastal city of Durban, 30 minutes from Africa’s busiest cargo port, Durban Harbour, and 90 minutes from Richards Bay Harbour. There is easy access to air, road and rail networks and it’s close to world- class golf estates, beaches and game reserves. dubetradeport.co.za & D E V E L O P 170km from Durban and 140km from King Shaka International Airport. The town is home to the Richards Bay Country Club and the luxurious Mzingazi Golf and Residential Estate. For leisure it is close to the World Heritage Site of iSimangaliso Wetlands at St Lucia, and the Hluhluwe-iMfolozi Park, as well as being close to the borders of both Swaziland and Mozambique. The Zini River Estate on the Umlazi River and lagoon, the Eshowe Hills Eco and Golf Estate inland from Richards Bay, and the coastal Zimbali, Blythedale Beach and Prince’s Grant golf estates are all successful examples of developments that are thriving in this attractive area that is poised to boom. rbidz.co.za THE COEGA SPECIAL ECONOMIC ZONE The Eastern Cape is very low-key, so it is often overlooked as an industrial development destination, a situation the Coega Special Economic Zone was specifically designed to address. The Coega Special Economic Zone is purpose-built for manufacturing, beneficiation of mineral and agricultural resources, investment and local socioeconomic growth, skills development and job creation. The Coega Development Corporation offers investors tax incentives, rebates and a duty- free zone. RICHARDS BAY INDUSTRIAL DEVELOPMENT ZONE (RBIDZ) Originally built specifically as a bulk coal terminal, Richards Bay Harbour has, over the decades, evolved into a world-class industrial estate with extensive transport infrastructure. • reduction in corporate tax from 28% to 15% • duty-free imports for production-related raw materials including machinery and assets used in production with the aim of exporting the finished products • VAT exemptions under specific conditions for supplies procured in South Africa. Location RBIDZ is situated on the East Coast of South Africa, linked to road, rail and the international deepwater port at Richards Bay, R Incentives to investors include: The special economic zone at RBIDZ offers opportunities to investors in five key sectors, namely ICT and techno parks, metals beneficiation, marine industry development, renewable energy, and agro-processing. With its extensive logistics and strategic links with large-scale farmers, RBIDZ is particularly placed for agro-processing and the export of fresh and value- added agricultural products. All the necessary infrastructure – including roads, bulk water and sewer networks, high- and medium-voltage electrical substations and overhead power lines, and telecommunication sleeve networks – is in place. Coega is adjacent to the Port of Ngqura, a modern multi-use deepwater harbour that is the designated South African hub for container traffic and is served by the world’s top shipping lines, and the nearby Port of Port Elizabeth operates world-class container, vehicle, breakbulk and bulk terminals. Coega also offers easy access to the national road and rail networks, and is close to Port Elizabeth’s international airport.