WHY YOU SHOULD INVEST IN THE ATLANTIS SPECIAL ECONOMIC ZONE FOR GREEN TECHNOLOGIES

Transcription

1 WHY YOU SHOULD INVEST IN THE ATLANTIS SPECIAL ECONOMIC ZONE FOR GREEN TECHNOLOGIES South Africa s Atlantis SEZ (Special Economic Zone) for Green Technologies, based in Cape Town, offers investors attractive opportunities and incentives.

2 Atlantis is one of the first new generation SEZs, with their co-location and other benefits. Highlighting the positive evolution of SA s industrial policy, the national Department of Trade and Industry is responsible for SEZ policy, the provincial government for SEZ operations and city municipality for SEZ land. REAL ESTATE/PROPERTY STATS FOR CAPE TOWN Office real estate s transaction value in 2015: R7.5 billion (US$ 528 million). Industrial real estate R5 billion (US$ 352 million). Retail real estate R5.7 billion (US$ 401 million). 8.7% increase in property value in CBD Cape Town (CCID data). Total available rental space = m 2 at a price of +-R203/m 2 /month. Development pipeline increased to 63000m 2, almost double Q at 35000m 2. FDI (FOREIGN DIRECT INVESTMENT) BY SECTOR FDI by sector market share % Capital Investment ($bn) % Other % Coal, oil and natural gas % Real estate % 7% 6% 5% Chemicals Renewable energy Communications Automative OEM % Software and IT services % Electronic components % Transportation % Food and Tobacco 24.0

3 FDI BY SECTOR (NUMBER OF PROJECTS) 2017 Sector Projects 2017 Change Software and IT services % Business services Financial services % 8% Industrial machinery, equipment and tools 841-6% Communication Transportation Real estate Food and tobacco Automative components Chemicals Other Total % -3% 16% 8% -14% -2% -2% -1% TOTAL VALUE OF INDUSTRIAL TRANSACTIONS 2017 Value (ZAR Billions) 1,500,00 1,000, ,000 0 Western Cape Gauteng Kwazulu-Natal Rest of South Africa

4 TOTAL INVESTMENT TRANSACTIONS PER PROVINCE 2017 Gauteng 2.3 ZAR BILLION Western Cape 5.8 ZAR BILLION Kwazulu-Natal 1.8 ZAR BILLION GREEN ECONOMY DATA: Rest of South Africa 0.3 ZAR BILLION Cape Town is a vibrant hub for green economy players in energy, waste, water, agritech and other sectors. Key players based in the Western Cape include: GRI, Abengoa, Nordex, G7, Averda, Interwaste, Amazon, Enel Green Power, Scatec Solar, Building Energy, Mainstream Renewable Power, Panasonic, HiSense and others. South Africa s utility-scale Renewable Energy Independent Power Producer Procurement Programme (REI4P) is worth R200 billion, with a local content requirement of R67.1 billion. The value of Western Cape REI4Pprojects is R36.2 billion. 14% of all wind energy projects and 6% of all solar energy projects are in the Western Cape. 70% of all national component manufacturers are based in Cape Town (valued at R2.1bn). 60% of all successful projects in the REI4P are developed by companies located in Cape Town due to its geographic advantage and conducive ecosystem. REI4Ps requirements for local content procurement range between 40% to 65%, creating significant local manufacturing opportunities.

5 NORTHERN CAPE WESTERN CAPE ATLANTIS CAPE TOWN WHERE IS THE ATLANTIS SEZ?

6 CONTACT: For further information or assistance, contact: GREENCAPE: Jarrod Lyons, Investment Facilitation Officer: phone ( ) or mobile ( ). CITY OF CAPE TOWN: Tim Hadingham, Head of Investment, City of Cape Town: phone ( ), or mobile ( ).

7 THE SEZ WELCOMES GREENTECH MANUFACTURERS WHAT IS GREENTECH? Green technologies (greentech) reduce or reverse the impact of people on the planet. Wind turbines, solar panels, insulation, biofuels, electric vehicles, materials recycling and green building materials are all examples of greentech. WHY INVEST IN THE SEZ? 1. There are strong and growing South African and African markets for greentech. The South African greentech manufacturing market is worth at least R30bn; with a growing greentech market in the neighbouring countries. South Africa has opportunities in energy, waste, agriculture, transport and other sectors. 2. Atlantis is a great location and development ready. Industrially-zoned land (93ha of zoned City of Cape Town land is available for leasing to investors) with environmental approvals. Bulk infrastructure is in place, including fibre. Public transport and shipping links. Atlantis is close to major ports, roads, universities and greentech markets. 3. Investors have access to extensive investment support through the Invest SA One Stop Shop, Wesgro, GreenCape and the City of Cape Town. 4. Investors and tenants are accessing attractive incentives including: Tax relief and allowances. Employment tax incentives. Fast-tracked development approvals. Fee exemptions. Electricity tariff subsidies. 5. Attractive, wide-ranging skills base to recruit from. 5 universities and a locally based vocational training facility. A large range of unskilled, semi-skilled, technical and professional candidates.

8 INCENTIVES National SEZ incentives include: Preferential 15% Corporate Tax and Tax Relief. Building allowance and Tax Relief. Employment Tax Incentives. Customs Controlled Area Tax Relief. The 12I Tax Allowance which supports capital investment and training. City of Cape Town incentives: Attractive land lease arrangements for green field sites with environmental authorisations in place. Dedicated one-stop-shop investment facilitation services. A quick, clear, transparent application process for business sites. Fast-tracked development approvals for land use and building plan applications. Fee exemptions for land use and building plan application fees and development contribution deferrals. A municipal electricity tariff subsidy. Broadband line rental holidays. ECOSYSTEM SUPPORT Institutions that will support investors: Business networks: Atlantis Industrial Initiative (AII). Business Western Cape. Black Management Forum. Cape Chamber of Commerce.

9 Date: 18 July 2018 THOMAS WILLIAMS CRESCENT KERRIA AVENUE User Name: azigoxo Project Overview ATLANTIS SEZ PROPERTIES Rev No: 0 DASSENBERG 277-RE JOHN ST LEGER 171-RE RE WILLIAM RE NEIL HARE ROAD DE KORTE CLOSE 245 CHARLES MATTHEWS GOURLAY PIETER VAN ECK NORMAN MURRAY CHAREL UYS DRIVE DAVIDSON TOM HENSHILWOOD GERWYN OWEN IVAN HAMPSHIR E JOHN VAN NIEKERK 74-RE PLACE JOSIAS BLANCKENBERG CHRISTOPHER STARKE JOHAN HEYNS HARRY ALE XANDER JOHN DREYER City of Cape Town Metropolitan Legend: Railways Ward 29 Proposed SEZ Zones SG Approved Property Notes: A T L A N T I S Subcouncil 1 Ward 32 C A P E F A R M S 1: ZONE OLD ERF NUMBER NEW ERF NUMBER SIZE (ha) 1 Portion Remainder CA1183 Ptn of Rem of CA CA4-93-RE RE Ptn of CA CA CA CA4-120-RE 74-RE CA Ptn of Rem of CA CA CA Ptn of Rem of CA Portion CA RE Ptn of Rem of CA TOTAL HECTARES CHARLES PIERS MISSION EXPRESSWAY 1) 2) 3) 277-RE LOUWT J ROTHM A N IE 4) 3 STR EET 5) Ward Number: 32, Subcouncil: 1 GIDEON BASSON ROAD PERKINS Scale Meters AUGUST KOTZENBERG City Of Cape Town Metropolitan Municipality Property Management: GIS and Surveys Civic Center Cape Town 8001 Private Bag X298 Cape Town 8300 Tel: +27 (0) mashudu.mudau@capetown.gov.za Document Path: Q:\users\Andile\GIS_Projects\General\Sally Chambers\GEN_180711_AtlantisIndustrial_SEZ\GEN_180711_AtlantisIndustrial_SEZ_2.mxd