The North West Development Corporation is facilitating the planning and development of the Bojanala Special Economic Zone on behalf of DEDECT and the provincial government. The focus is on the development and operation of a customised and purpose-built industrial complex that will serve as a base and platform for developing and growing a number of strategic and targeted industries, industrial clusters and value-chains.
Purpose of the Bojanala SEZ
The Bojanala SEZ has been established to drive the industrialisation of the Bojanala region, and transform the region into a globally competitive industrial production hub that is characterised by ever-increasing levels of foreign and domestic investments, diversified industrial base, higher levels of innovation and entrepreneurship, value-added exports, and the creation of quality jobs.
The specific objectives are to:
- Increase foreign and domestic investment in the Bojanala District
- Increase exports of value-added manufactured goods from the region
- Ensure employment creation, technology transfer and skills development
- Ensure the creation of economic linkages through supplier development
- Ensure the spread of industrial development regionally and the promotion of industrial agglomeration in the region
- Build the required industrial infrastructure in Bojanala District
- Promote coordinated planning among key government agencies.
Investor Opportunities
The Bojanala Special Economic Zone offers a diversity of industrial, business and investment opportunities in, amongst others, the following areas:
PGMs Benefication:
- Fuel cells
- Batteries
- Traction motors
- Robotics
- Drones
- Information and communication technologies
- Dental instruments
- Jewellery manufacturing
Capital Equipment:
Mining equipment technologies & services
- Underground equipment
- Yellow fleet
- Components
- Consumables
Metals machinery and industrial equipment
General manufacturing
Agriculture & Agro Processing:
- High-tech agriculture
- Food (all varieties)
- Drinks (all varieties including juices)
- Packaging
- Consumables
- Batteries
Green technology & renewable energy:
- Hydrogen production, storage and services
- Renewable energy generation
- Renewable energy technology and components
- Battery storage
- Cabling
- Nuts and bolts
- Solar panels
- Inverters
- Consumables
Biotechnology & pharmaceuticals:
- Food supplements
- Skin-care
- Herbs
- Medicine
- Medicinal technology
Automotive:
- Auto components
- Automotive services
- Automotive assembly
- Consumables
Business services:
- Business process outsourcing (BPO)
- Business parks
- Finance, accounting, auditing
- Call centres
SEZ incentives & allowances
Incentives and allowances offered at the Bojanala SEZ will be in line with South African Special Economic Zone incentives as prescribed by the Department of Trade, Industry and Competition (dtic)
- Qualifying 12 R – Qualifying companies will be subjected to a reduced CIT tax rate of 15%
- Section 12 S – Qualifying companies within SEZs will benefit from extra accelerated allowances on buildings and improvements to buildings
- Companies employing salaried employees (below R6000 per month) will receive a wage incentive
- Special customs and VAT incentives
- Taxpayers achieving SEZ status will retain status for ten years
- All are subject to a sunset clause
