Gauteng Province as an Investment Destination: Economic Overview

 

Gauteng is South Africa’s smallest province by area accounting for 1.5% of the country’s total area. However, it is home to a quarter of the country’s population and generates the largest contribution towards national GDP at 35%. The province features the municipalities of Johannesburg, Tshwane, and Ekurhuleni as well as the districts of Sedibeng and the West Rand. The close proximity of these regions to each other makes the province a city region that shares common infrastructure enabling the diversified socio-economic hub of South Africa.

The OR Tambo International Airport Special Economic Zone is located in the Gauteng Province, also known as the Place of Gold. Gauteng is the smallest province in South Africa but is home to one of the largest Metropolitan areas in the country. Here you will find a capable workforce, good economic infrastructure, a diversified economy, a stable society and a wonderful quality of life.

The OR Tambo International Airport Special Economic Zone is located within the OR Tambo International Airport, which is the country’s main international airport, as well as the largest and busiest airport in Africa. This location is prime and an essential gateway to doing business anywhere in Africa

This micro site is developed and maintained by GROWTHMAP INFONOMICS, on behalf of the OR Tambo International Airport (ORTIA) Special Economic Zone. Here you will find comprehensive information about the Special Economic Zone (SEZ) and its opportunities.

We provide access to a large network of experts and organisations. And we offer personal assistance for any specific questions you may have.

So welcome to this website and the opportunities that the OR Tambo Intenation Airport Special Economic Zone has to offer.

Competitive Advantages

The Gauteng City Region’s competitive advantages include its institutional innovative capacity, its geographical position as a Gateway to Africa, as well as its existing stock of manufacturing and service companies.

Innovation. Global trends indicate that the level of government support in innovation has been increasing as it is seen to be at the core of driving modernization and economic development. Effective innovation is dependent on collaboration between multiple stakeholders including universities, industry and the government through growing inclusive innovation ecosystems. GCR is home to several leading academic and research institutions, which can be leveraged through strong collaboration between relevant stakeholders as a competitive advantage to the GCR.

Furthermore, the increased sponsoring of selected high impact academic chairs and catalytic challenge funds in the green and digital arenas in the City of Johannesburg is likely to further stimulate innovation in these sectors.

Gateway to Africa. In the manufacturing sector, the geographic proximity of the Gauteng City-Region to Southern Africa remains an advantage despite the growing competitiveness of regional and global competitors. Furthermore, South Africa’s diplomatic relations with Africa are key to building mutually beneficial trade relationships. In the services sector, the Gauteng City-Region is ideally located in a time zone that can service both Africa and Europe efficiently. Furthermore, the use of the English language by the labour force is another enabler of the services sector to reach both the growing number of African countries with English as an official language as well as other global markets.

Privileged Sectors. The GCR is home to many of Africa’s most powerful companies and many prominent global players. The Gauteng Economic Development Framework has privileged certain sectors of the economy to ensure that resources and efforts are directed towards those sectors that have the best potential to achieve labour absorbing growth. The privileged sectors are characterised by existing operations that have an established infrastructure and skills base.

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