Posted: May 13, 2019
Minister Davies Approves Recommendation to Designate the Bojanala Special Economic Zone
|The Minister of Trade and Industry, Dr Rob Davies, has issued a Gazette Notice (No. 42451) notifying the public and interested parties of his intention to designate the Bojanala Special Economic Zone. The public and interested parties will have 30 days from the date of the Gazette to support or object to this intended designation.
Minister Davies has received and approved a recommendation from the Special Economic Zones Advisory Board to designate the Bojanala Special Economic Zone. The application for the designation of the Bojanala SEZ was submitted by North West Government’s Provincial Department of Economic and Enterprise Development, through the North West Development Corporation (NWDC).
Minister Davies received and approved a recommendation from the Special Economic Zones Advisory Board to designate the proposed Bojanala Special Economic Zone. This, was after the Special Economic Zones Advisory Board was satisfied with the proposed business case and economic opportunities that underpinned this envisaged development. The Special Economic Zones Advisory Board recommended that the Minister of Trade and Industry designate the proposed area, and grant a Special Economic Zones Licence to the North West Government’s Provincial Department of Economic and Enterprise Development, accordingly.
The proposed SEZ will be developed in a 1175 hectors, which will include the old Bodirelo Industrial Park in Mogwase, Moses Kotane Local Municipality. The SEZ in Mogwase – Moses Kotane Municipality will focus largely on Mineral Beneficiation (especially the Platinum Group Metals – PGMs), Manufacturing including Mining Capital Equipment Supply, Agroprocessing and Renewable Energy.
According to Minister Davies, the designation of Bojanala SEZ will afford the Bojanala region with an opportunity for developing a purposeful, world-class mineral beneficiation infrastructure. This will (in turn) go a long way in ensuring that the economic value (and associated economic opportunities) of mineral endowments that abound the Bushveld Complex are fully optimised.
“The proposed SEZ will play a catalytic role towards the economic revival and industrial diversification of the whole mineral dependent Bojanala region. More importantly, this development is expected to contribute towards strengthening South Africa’s international trade through the export of value-added commodities, the creation of stronger value chains and the provision of much-needed jobs in the previously disadvantaged regions”, said Minister Davies
the dti will, within these 30 days, arrange a public hearing in Mogwase, Bojanala District in North West to allow for the community to provide further inputs on the proposed development. The details concerning the date and venue will be communicated to the public in due course.