President Zuma to launch the Maluti-A-Phofung Special Economic Zone in Free State

President Jacob Zuma , launch the Maluti-A-Phofung Special Economic Zone (MAP-SEZ), in Harrismith, Free State, as part of government’s Special Economic Zone Programme, which is aimed at accelerating economic growth and development in designated regions of the country.

The Maluti-A-Phofung Economic Zone is 1038 hectares land envisaged to accelerate economic growth and development in the region, as part of the Government’s programme of radical socio economic change.

The Maluti-A-Phofung Special Economic Zone functions as a back-of-port operation to ease congestion at the Durban port and provides South African customs functions and facilities for imported goods and export goods, including goods moving north into Southern African countries. The MAPSEZ also provides road and rail logistics and handling facilities for the Gauteng�Durban port corridor and link it to the Bloemfontein�Cape Town corridor.

The main industries the MAPSEZ serves are agriculture, agroprocessing, automotive and logistics, which includes container terminal and car terminal facilities.

The Industrial Policy Action driven by the Department of Trade and Industry has identified strategic special economic zones across the country to enhance industrialisation, attract foreign direct investment as well as create employment. Companies operating within Special Economic Zones are incentivised in line with the SEZ Act of 2014 and are eligible for 15% corporate tax for ten years, building allowance tax relief, employment tax relief for low level earning employees and the 12i tax allowance for development of greenfield operations.

The MAPSEZ will integrate emerging enterprises into various industry value chains to create opportunities for entrepreneurs and employment for local people.

Source: The Presidency Republic of South Africa

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