What are the contributions of the SBIDZ towards the exports of de products and the GNP of SA
Answers
The Saldanha Bay Feasibility Study published in October 2011, found that there was sufficient non-environmentally sensitive land upon which an IDZ development could take place.
And after a process of consolidation into an attainable business plan focussing on the Oil and Gas and Marine Repair Cluster, the socio-economic impacts were found to be that after 20 years, an IDZ in Saldanha Bay developed around these industries, would generate a minimum annual return of R11 billion for the economy and create over 25 000 sustainable jobs nationally.
The total contribution to gross domestic product (GDP) for the IDZ is expected to amount to R3.4 billion in the first year, increasing to nearly R6 billion in the second year. In the third year the contribution is expected to be slightly lower at R5.5 billion due to a decrease in capital spend, but then increasing by the twentieth year with a total annual contribution to GDP amounting to R11 billion.
Total direct and indirect jobs in the Western Cape are expected to amount to 4 492 in the first year, 8 094 in the second year, 7 274 in the third year, 10 132 in the fourth year and 14 922 in the fifth year. From the seventh year around 14 700 direct and indirect jobs would be sustained in the province as a result of the IDZ.
Saldanha Bay is an ideal location for the development of an Oil & Gas and Marine Repair Cluster. The Port of Saldanha Bay is also competitively located between the oil and gas developments on the West Coast of Africa, as well as the recent gas finds on the East Coast of Africa.
South Africa is a significant industrial economy in the sub Saharan region and is logistically well connected to the region. It is therefore a natural location for providing repair and maintenance services, warehousing and logistics and professional/technical services where proximity to end location is an advantage.
Our vision is to establish the Western Cape as the oil and gas hub for Africa and the Saldanha IDZ is crucial in achieving this objective.
I trust that the public will give the designation of the Industrial Development Zone a firm vote of confidence. We will pay due consideration to all the comments we receive.
The journey to the publication of the Application for IDZ Designation and Operator Permit for the Saldanha Bay IDZ document and its gazetting has been a long one.
There have been many crucial role-players without whose valued contributions to our joint-vision of an economy growing and job creating Saldanha Bay would not have materialized.
Answer:
The Saldanha Bay Feasibility Study published in October 2011, found that there was sufficient non-environmentally sensitive land upon which an IDZ development could take place.
And after a process of consolidation into an attainable business plan focussing on the Oil and Gas and Marine Repair Cluster, the socio-economic impacts were found to be that after 20 years, an IDZ in Saldanha Bay developed around these industries, would generate a minimum annual return of R11 billion for the economy and create over 25 000 sustainable jobs nationally.
The total contribution to gross domestic product (GDP) for the IDZ is expected to amount to R3.4 billion in the first year, increasing to nearly R6 billion in the second year. In the third year the contribution is expected to be slightly lower at R5.5 billion due to a decrease in capital spend, but then increasing by the twentieth year with a total annual contribution to GDP amounting to R11 billion.
Total direct and indirect jobs in the Western Cape are expected to amount to 4 492 in the first year, 8 094 in the second year, 7 274 in the third year, 10 132 in the fourth year and 14 922 in the fifth year. From the seventh year around 14 700 direct and indirect jobs would be sustained in the province as a result of the IDZ.
Saldanha Bay is an ideal location for the development of an Oil & Gas and Marine Repair Cluster. The Port of Saldanha Bay is also competitively located between the oil and gas developments on the West Coast of Africa, as well as the recent gas finds on the East Coast of Africa.
South Africa is a significant industrial economy in the sub Saharan region and is logistically well connected to the region. It is therefore a natural location for providing repair and maintenance services, warehousing and logistics and professional/technical services where proximity to end location is an advantage.
Our vision is to establish the Western Cape as the oil and gas hub for Africa and the Saldanha IDZ is crucial in achieving this objective.
I trust that the public will give the designation of the Industrial Development Zone a firm vote of confidence. We will pay due consideration to all the comments we receive.
The journey to the publication of the Application for IDZ Designation and Operator Permit for the Saldanha Bay IDZ document and its gazetting has been a long one.
There have been many crucial role-players without whose valued contributions to our joint-vision of an economy growing and job creating Saldanha Bay would not have materialized.