Wednesday, May 22, 2024

Vaal Special Economic Zone (Vaal SEZ)


South Africa’s preeminent hub for the hydrogen economy

The Vaal region presents a compellingly unique value proposition of a thriving regional value-adding industrial economy which effectively leverages its comparative locational attributes and resource endowments. In addition to spearheading the revival of existing industrial manufacturing base, it will also facilitate the creation of new growth and differentiation opportunities which include low carbon manufacturing, energy, agriculture and agro-processing.

Reigniting the birthplace of industrialisation in South Africa

The Vaal Special Economic Zone (SEZ), a venture led by the Gauteng Growth and Development Agency (GGDA) under the auspices of the Gauteng Provincial Government’s Department of Economic Development, stands as a dynamic initiative aimed at reigniting the birthplace of industrialisation in South Africa. Encompassing the territories of Lesedi, Midvaal and Emfuleni municipalities within the Sedibeng District, the Vaal SEZ emerges as a catalytic force across a diverse range of sectors.

Anchored by six strategic pillars, the Vaal SEZ propels a green energy-driven industrial transformation, steers investments into crucial food, agriculture and agro-industrial domains, harnesses the potential of gateway logistics and harnesses the captivating potential of the blue economy and tourism sector along the Vaal River.

The Vaal SEZ’s resolute mission is to attract both Domestic and Foreign Direct Investment across multiple sites located in Emfuleni, Midvaal, and Lesedi Municipalities, a testament to its commitment to propelling job creation, skills development, and holistic economic growth in the heart of Gauteng’s thriving Southern Corridor.

Vaal SEZ Objectives:
  • Development of a multi-sector, multi-site Special Economic Zone in the Vaal region.
  • Regenerate the area and build on its competitive advantages.
  • Building a socially cohesive society with sustained economic growth that results in the creation and retention of quality jobs.

Related to Vaal Special Economic Zone (Vaal SEZ)

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