Richards Bay IDZ operational investment value surge : vimars

Richards Bay IDZ operational investment value surge


Richards Bay IDZ operational investment value surge
By BR Reporter
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The operational investment value of the Richards Bay Industrial Development Zone (RBIDZ) has increased due to the Special Economic Zones programme (SEZ) attracting a significant number of investors.
The value increased from R17.7 billion by the end of the third quarter of the 2019-2020 financial year to R19.5 billion for the same period of the 2020-2021 financial year.
This is according to Deputy Minister of Trade and Industry Nomalungelo Gina. She was speaking during her week-long visit to KwaZulu-Natal and look in on the RBIDZ.
“This is a positive increase of R1.8 billion. During the same period, the number of investments has increased from 129 to 143,” said Gina.

Related Keywords

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