Industrial site visit by MEC
Mike Mabuyakhulu enjoyed a tour of the flourishing Phase 1A industrial estate that has beckoned various investors to Richards Bay.
KZN Minister of Economic Development, Tourism and Environmental Affairs (EDTEA) Mike Mabuyakhulu on Monday enjoyed a tour of the flourishing Phase 1A industrial estate that has beckoned various investors to Richards Bay.
So far the Richards Bay Industrial Development Zone (RBIDZ) has signed up logistics company Lovemore Brothers, pipe manufacturer SPS Manufacturing, ProStar Export Paints and renewable energy company Byromate, worth a total of over R2.4-billion.
The site is already fully functional with all basic infrastructure and road works completed in 2014.
RBIDZ CEO Pumi Motsoahae explained the modern gate entrance under construction, estimated to be completed at the end May, will also offer a SARS customs office, a storage facility, automatic boom gates and record registered vehicles for access control.
‘We aim to encourage international competitiveness through world-class infrastructure as well as tax, VAT and duty free incentives to qualifying entities,’ said Motsoahae.
Pleased with the progress on site, the Minister ended his visit meeting informally with the construction staff, urging them to work at the highest level of safety.
