Progress on investment commitments announced at the 2018 Investment Conference

Sasol is investing in the expansion of its plant for the production of hard and medium waxes, liquid paraffin and waxy oils.

Sappi is investing in capacity expansions and various maintenance and upgrade projects at its Saiccor mill.

Mercedes Benz is investing in an East London manufacturing plant for the production of the next generation C class targeted at the export market.  The second phase of this  project will entail further new investment in paint works and components

Nissan is investing in a Rosslyn manufacturing plant for the next generation Navara platform.

27 REIPPP signed with a total generation capacity of 2300 MW to be added to the grid over the next 5 years.

Vedanta Resources is investing in a 250 000 metric tons a year zinc smelter in Gamsberg, Northern Cape.

IvanPlats is establishing a mining operation for nickel, copper and gold in Mokopane, Limpopo.

Microsoft is investing in 3 datacenters in 2018.

Procter and Gamble South Africa is investing in the expansion of its Kempton Park Facility – bringing the latest technology into South Africa

Sanral has awarded a tender for the Mega Bridge Project on the Wild Coast

Tsogo Sun is investing in the KwaZulu-Natal Golden Mile which will see the development of Suncoast Casino, Hotel and Entertainment

Phase 2 Promenade Construction of the Durban Point Waterfront is underway, featuring world-class beachfront ambience. The project will include mixed-use developments, Residential units, Retail outlets, Restaurants, 5-star & 6-star Hotels, A-grade & P-grade Office Blocks, and a Beachfront Promenade with public amenities.

Overview

The inaugural South African Investment Conference in October 2018 saw 1,500 delegates from South Africa and across the world gathering in Sandton, Johannesburg to discuss investment opportunities in Africa’s most advanced economy. Over $20bn of investment commitments were made at the event, as leaders from business, government, and the investment community forged relationships and explored ways to reignite growth in South Africa.

President Ramaphosa is pleased to announce that the second South African Investment Conference will take place in Sandton from 5 to 7 November 2019. Building on the success of the inaugural conference, it will provide an opportunity to find out about the country’s abundant investment opportunities in a host of dynamic sectors, and to engage directly with the country’s business and political leaders.

South Africa is on an investment drive to improve confidence in the country’s economy and help spur sustainable and inclusive growth

South Africa’s macro-economic environment is resilient

South Africa’s institutions of governance remain robust and continue to advance the interest of human development, freedom transparency and democracy

South Africa is a competitive and proven investment destination

South Africa is a competitive and proven investment destination

It is now easier to do business in South Africa through InvestSA

There are many reasons to invest in South Africa. There are opportunities for investment in agriculture, mining, manufacturing and energy

The Investment Conference is part of a long-term action plan to grow the South African economy

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