Name and Location
OR Tambo industrial development zone (ORTIA IDZ) – Jewellery Manufacturing Precinct, Gauteng, South Africa.
Client
Gauteng Industrial Development Zone Company, a subsidiary of the Gauteng Growth and Development Agency, which has been established to develop and operate the ORTIA IDZ.
Project Description
The project involves the development of a facility catering for mineral beneficiation, diamond cutting, polishing and trading, as well as the light manufacturing of jewellery and other high-end products within the ORTIA IDZ.
The Jewellery Manufacturing Precinct aims to attract investors through a variety of incentives, including dedicated customs support services, duty-free importation of production-related raw materials and inputs, as well as reduced tax for and the exemption of certain beneficiation activities.
The precinct will also offer access to clustered, purpose-built infrastructure in close proximity to the ORTIA, making it suitable for export-orientated production.
Value
The precinct will cost an estimated R267-million to develop.
Duration
The Jewellery Manufacturing Precinct broke ground in September and will take between 15 and 18 months to complete.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Gauteng Industrial Development Zone Company, tel +27 10 001 9120 or email info@gidz.co.za.
Gauteng Department of Economic Development, Phindile Kunene, cell +27 76 510 1534 or email Phindile.kunene@gauteng.gov.za.