Estate Living Magazine Connection - Issue 43 July 2019 | Page 32

I N V E S T & D E V E L O P INDUSTRIAL HUBS If you’re thinking of investing in South Africa, it’s worth looking at some of the rapidly developing industrial hubs that are evolving in strategic locations around the country. Dube TradePort Special Economic Zone Considered one of South Africa’s top 10 investment opportunities, Dube TradePort is designated a Special Economic Zone (SEZ) comprising five business zones: • Dube TradeZone: A prime, fully serviced industrial precinct of 77 hectares, growing to 300 hectares, for electronics, pharmaceuticals and aerospace manufacturing, assembling and distribution. • Dube Cargo Terminal: A state-of-the-art cargo handling facility with digital tracking and secure cargo flow through on-site statutory bodies, reporting a 0% cargo loss since its inception in 2010. • Dube AgriZone: an advanced agricultural precinct of 16 hectares of greenhouses, post-harvest packhouses, a central packing and distribution centre, a nursery, and a sophisticated plant tissue culture laboratory, Dube AgriLab. It offers top-notch technical support for propagating, growing, packing and distributing high- value perishables and horticultural products through an efficient supply chain. It is the largest climate-controlled glass-covered growing area in Africa, and implements rainwater harvesting, solar power, and on-site waste management. • Dube City: A 12-hectare premium business and hospitality precinct, just three minutes from the passenger terminal. • Dube iConnect: A cutting-edge telecommunications platform and premier cloud service provider, servicing the Dube TradePort precinct. Dube is ideal for new-generation warehousing, manufacturing, assembling, air-related cargo distribution, high-tech aerospace services, automotive industries, clothing, textiles and cold storage activities. Benefits of investing in Dube TradePort include: • • • • preferential 15% corporate tax for qualifying entities 10% per annum building allowance employment incentives for low-salary workers import duty rebates for production-related and exported products • VAT exemptions for supplies procured in South Africa • enhanced 12i Tax Incentive designed to support greenfield and brownfield investments. The developers actively support investors by acting as their interface with government agencies and departments, and providing assistance with registrations, licensing, visa services and investor after-care services.