South Africa's Special Economic Zones (SEZs) have attracted investment commitments exceeding R548 billion. It is expected that over 60,000 permanent jobs will be created after these projects are fully launched.
The Minister of Trade, Industry and Competition, Parks Tau, announced these figures during a meeting with investors and stakeholders at the Fatakgomo-Tubatse Special Economic Zone in Steylport, Limpopo province. At this meeting, he presented government plans for utilizing these zones to stimulate industrialization, attract capital investment, and create employment.
According to Tau, 141 companies have committed to investing in various SEZs across the country, with the total value of these investments exceeding R548 billion.
SEZ Program Strengthens Investor Confidence
Parks Tau noted that the Fatakgomo-Tubatse Special Economic Zone complements the positive history of South African SEZs, which democratic South Africa could not provide. 234 private companies are located in various SEZs across the country, with their total investments exceeding R47 billion. The SEZ program has already created 134,478 jobs, of which 32,904 are permanent.
The Minister emphasized that the growing interest from investors indicates belief in the South African SEZ program and the country's potential as an investment destination. He added that the development of new zones, including Nkomozi, Fatakgomo-Tubatse, and Musina-Machado, will strengthen the country's production capabilities, especially in mineral processing and cross-border trade.
Fatakgomo-Tubatse SEZ Targets 20,000 Jobs
The Minister called the designation of Fatakgomo-Tubatse as an SEZ in May an important step for the industrial development of Limpopo. This zone has an investment portfolio of R52.6 billion, which is expected to provide around 8,000 jobs in the short and medium term, and potentially create 20,000 jobs over the next decade.
Located in the industrial hub of Steylport, the Fatakgomo-Tubatse SEZ plans to focus on mineral beneficiation, manufacturing, renewable energy, metal processing, and logistics. Its proximity to major platinum and chrome mining operations, as well as to the Lion and Samancor ferrochrome smelters, gives it a strong position to support mineral processing and production.
He stated that the government aims to move away from raw material exports and focus on local production of higher value-added goods. Parks Tau stressed: 'Our industrial policy is clear: we must process more of what we mine, produce more of what we consume, and export more of what we produce.'


