https://www.engineeringnews.co.za

Saldanha Bay IDZ lures 26 potential tenant firms

Saldanha Bay IDZ lures 26 potential tenant firms

Photo by Duane Daws

30th March 2015

By: Natalie Greve

Creamer Media Contributing Editor Online

  

Font size: - +

Over 26 companies active in the logistics, support services, oil and gas contracting and drilling, marine and rig building, fabrication and repair and wells specialist industries have shown interest in relocating their businesses to the Saldanha Bay Industrial Development Zone (SBIDZ), while eight of these firms were already developing and finalising agreements with the zone operator, Trade and Industry Minister Dr Rob Davies has said.

Responding in writing to a Parliamentary question by Democratic Alliance MP Kobus Marais, Davies outlined that there were no minimum requirements under the IDZ programme – or the overarching Manufacturing Development Act – for companies or factories wishing to relocate to an IDZ licensed by the Department of Trade and Industry.

“The decision to accept an investor lies with the operating company, under the overall governance of its board of directors,” he commented.

Davies added that the Saldanha Bay IDZ Licencing Company had been awarded an operator permit to develop and manage the zone and was in the process of establishing itself as, or converting itself into, a separate Provincial Business Public Entity.

The SBIDZ, which was still in the early stages of development in terms of the required physical infrastructure, boasted the deepest natural port in the southern hemisphere and was a designated oil and gas, marine repair engineering and logistics services complex.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest News

An image showing a group of selected learners who are part of the City of Cape Town and the NBI's artisan skills development programme
City of Cape Town, NBI partner on artisan skills development programme
Updated 6 minutes ago By: Tasneem Bulbulia

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
Stewarts & Lloyds
Stewarts & Lloyds

Stewarts & Lloyds today supplies steel and tube, pipe and fittings, valves, pumps, irrigation, fencing, profiling and roofing products. The cash...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/03/2024)
15th March 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.065 0.116s - 138pq - 3rq
Subscribe Now