The Department of Trade and Industry (DTI) announced on Friday that.President Jacob Zuma would officially launch Durban’s Dube Tradeport as an industrial development zone (IDZ), on 7 October.
“The main areas that are designated as part of the Dube Tradeport IDZ are Dube Agrizone and Dube Tradezone. Dube Agrizone is about 63.5 ha and focuses on high-value, niche agricultural and horticultural products, while Dube Tradezone, which is 240.27 ha, focuses on manufacturing and value-addition primarily for automotive, electronic, fashion garments and similar high-value, time-sensitive products and inputs,” Trade and Industry Minister Dr Rob Davies said.
Davies further said the launch of the Dube Tradeport IDZ would highlight the continuous efforts by government to promote industrialisation and create awareness about the Special Economic Zones programme and its potential to grow the economy and create jobs by creating a conducive environment for foreign direct investment.
By: Leandi Kolver
http://www.engineeringnews.co.za/article/dube-tradeport-to-be-granted-idz-status-next-month-2014-09-19
