Durban's Aerotropolis
Investment
South African Business Environment
South Africa offers a globally competitive business environment, ideally positioned as a gateway to the African continent and SADC region.
Trade value has increased from R600 billion (US$83 billion) over the past five years, indicating an accelerating groth trajectory.
South Africa offers the largest untapped global market, providing the most developed economy and logistics on the African continent, which has exhibited sustained economic growth of 5%+ per annum over the past
10 years.
Why South Africa?
- Specialised trade corridors and Industrial Development Zones create efficiencies through focused,
multi-modal logistics. - Sophisticated financial structure and banking sector (ranked in the global top 10), with international investment in the sector including Barclays (ABSA) and Industrial and Commercial Bank of China (Standard Bank).
- Facilities and services including trade finance, foreign exhange trading, offshore banking and trust management.
- Globally competitive IT and telecommunications - international investors include Vodafone.
Johannesburg Stock Exchange
- Among world's 20 largest stock exchanges - largest in Africa
- Market capitalisation of US$750 billion as at Jan 2010.
- Market turnover of US$32 billion.
- Foreign investors were net buyers of R75 billion (US$10 billion) of equities of 2009.
Air Traffic Into Africa
- A number of European airlines have chosen South Africa as a freight destination and are building main deck capacity.
- These include Lufthansa Cargo, British Airways World Cargo, Cargolux and MK Airlines.
Kwazulu Natal - Positioned For Growth
Kwazulu Natal (KZN) is home to Africa's busiest port and the world's largest bulk coal terminal, situated at the ports of Durban and Richards Bay respectively. Durban's port handled over 75 million tons of cargo in 2009 and boasts Southern Africa's largest container facility.
King Shaka International Airport - Durban's new airport, which replaces the existing Durban International Airport from 1 May 2010 - is ideally placed between these two ports, on the busiest trade corridor on the African continent, with excellent access to national and regional road and rail networks. These links make KZN a crucial gateway to South Africa, The SADC region and the rest of the continent.
- KZN Population: 9.7 million.
- Durban Population: 3.5 million - South Africa's 3rd largest city.
- KZN Average Annual GDP Growth 2006 - 2009: 3%.
- Highest level of Industrialisation in South Africa.
- Abundant natural resources.
- Excellent production capacity.
- Favourable weather all year round!.
- Top travel destination offering diverse cultural, recreational, commercial and sporting opportunities.
Durban - A City On The Move
- Manufacturing represents up to 25% of Durban's GDP.
- Durban contributes almost 75% of the province's total GDP - approximately US$20 billion.
