TRADE & INVESTMENT PROMOTION
Changing global demographics and a changing world economy, coupled to technological change, improvements in international transportation technology and global manufacturing and production output are all contributing factors to increased trade and export promotion is of critical importance for stimulating economic growth, advancing job creation and addressing socio-economic backlogs.
Eastern Cape-based companies are focusing on their competitive and comparative trade advantage and harnessing these to access international markets:
Export Promotion services
Strategic goals for Export Promotion
Export opportunities and the Provincial Industrial Development Strategy
The Eastern Cape Provincial Government has realised the importance of a medium to long-term industrial strategy to assist investors and business persons interested in harnessing the production, manufacturing and export potential of the province.
Focus areas for the strategy include:
Working with provincial and national partners including the Department of Economic Development, Environmental Affairs and Tourism (www.dedea.gov.za), the Department of Trade and Industry (www.thedti.org.za), the Coega (www.coega.co.za) and East London IDZs (www.elidz.co.za) and the local and regional business chambers, ECDC is well-positioned to provide advice and assistance to investors and exporters.
Providing export platforms - trade missions, local and international exhibitions
ECDC, in conjunction with provincial and national partners, is directly involved in providing opportunities to export-ready Eastern Cape business to be part of international trade missions and local and international trade exhibitions.
Once a company has been assessed and is regarded as being "export-ready", the unit will assist in linking these companies to local and international markets through these missions and exhibitions.
Export Network Forum
ECDC facilitates and coordinates three export network forums per year.
These forums bring together Eastern Cape business that are involved in, or would like to be involved in, regional and international trade.
This forum allows local business to share ideas, look at aspects of best-practice in export and trade and form partnerships to enhance their capacity to access global markets and boost their trade footprint.
East London - Zodwa Kepeyi
Telephone +27 (0)43 704 5713
Port Elizabeth - Cumile Ntuthu
Telephone +27 (0)41 373 8260
Investment into province continues
In the past five years the Eastern Cape has experienced sizeable local and international investment.
It is testament that the Eastern Cape in South Africa is continues to be investment destination of choice for small, medium and large enterprise - locally and internationally.
ECDC has, directly or indirectly, been involved in assisting investors and business people to harness the potential in the Eastern Cape and grow successful commerce and industry in our region.
At your service
ECDC’s investment promotion programme offers a quality service which focuses on:
By doing this, ECDC helps investors leverage excellent returns on their investment.
Focusing on provincial growth sectors
ECDC focuses on eight specific integrated growth sectors which are all aligned to the provincial government's industrial development strategy and provincial growth and development strategy.
Competitive and comparative advantages
The competitive and comparative advantage of investing in the Eastern Cape lies in:
The East London (www.elidz.co.za) and Coega (www.coega.co.za) industrial development zones are strategically situated on major transport and shipping routes, and provide purpose-built infrastructure for investors wishing to produce and manufacture for the South African Development Community (SADC) and world markets.
The Eastern Cape Provincial Government, through its Provincial Industrial Development Strategy (PIDS) and its Provincial Development Plan (PDP), are committed to economic diversification and have provided significant inputs and opportunities for local, national and international business to invest in the different sectors of the provincial economy
Set-up costs for new business in the Eastern Cape are extremely competitive in terms of production resources, land and rental prices, construction costs and overall input factor costs.
Given the fact that the Eastern Cape has three ports (Port Elizabeth, East London & Nqgura and three airports (Port Elizabeth , East London & Mthatha), easy access to domestic, SADC and global markets is guaranteed.
The urban and rural areas of the Eastern Cape boast some of the best quality of living standards in South Africa.
Local, district, provincial and national government have a range of investment and business incentives available for start-up, expansion and new operations.
These incentives range from manufacturing rebates to preferential production factor costs depending on the size and type of investment or proposed business operation
Full details of applicable incentives can be discussed with the investment promotion sector specialist responsible for sector investment at ECDC.
Telephone+27 (0) 43 704 5606