Functional national institutions protecting the right of investors.
Good infrastructure and facilities.
An investor-friendly environment.
Low land and commercial building costs.
Clear and consistent economic policies in line with national policies.
World-class road, rail and air networks.
A large pool of young and highly skilled labour.
Electricity, which is amongst the cheapest in the world.
Agro-processing is the largest single subsector in manufacturing, and has shown relatively rapid growth in sales and employment over the past years. It is a major source of exports as well as covering key wage goods and some industrial inputs.
Business Processing Outsourcing
Gauteng has long dominated the SA BPO market with all-centre outsourcing comprising just 67% of the total industry. Other key services include IT support, financial accounting, data analytics and legal services.
As a key priority sector, there is need to boost technical and artisanal skills development, increase exports, and drive greater investment into research and development.
A key pillar for driving economic growth, the GGDA holds expertise in designing large-scale projects and leveraging the necessary stakeholders for implementation.
Manufacturing contributes 14% to Gauteng’s real economy output and provides 40% of South Africa’s manufacturing overall. More than 600 000 people are employed in the sector, with metal products, food and beverages and chemicals being the biggest employers.
This centres on making the most of South Africa’s raw mineral wealth beyond pure export. As a key resource for South Africa, the GGDA focuses on ensuring Gauteng businesses are globally competitive and contributing to a diversified basic metals and mineral resources industry.
Within Gauteng, solar energy (solar water heaters) and energy from landfill gas are the most obvious short term renewable energy sources with the potential to buy renewable energy from wind and concentrated solar power from outside the provincial boundaries.
With many unique tourism products in both the business and leisure sectors, the GGDA looks to create more employment opportunities and grow the Province’s tourism footprint.