Province Profile: North West
Category Province Profiles
South Africa's North West Province is strategically located between Botswana in the west and the economic powerhouse and industrial heartland of Gauteng in the east. The province offers vast mineral resources, a sophisticated tourist industry and agricultural abundance.
Opportunities abound for increasing the income-producing capacities of the local industries, enhancing product beneficiation within the province and participating more fully in the international markets linked to the region's resources. The province is home to bases for a number of international companies such as BMW, Samsung, Tiger Wheels, Shanghai Video and Audio, Lear Corporation, Kromberg and Schubert, Nestle, HJ Heinz, Hong Kong's Universal Enamelware, Firestone Tyres and Robert Bosch, to name a few.
A specialist investment promotion agency, Invest North West, offers incoming investors the convenience of a comprehensive service in setting up business.
This investment promotion agency advises potential investors on potential investment projects, assists investors in finding the right business location, compiling business plans, finding appropriate funding, assisting with claims for incentive schemes, visa applications, and identifies suppliers and professional firms who can help in setting up the business.
The availability of a labour force that is flexible and adaptable, a low cost of living, a good quality lifestyle and a warm temperate climate, have turned the North West Province into a popular destination for foreign investors.
The province offers investment opportunities in the following key areas:
- Leather processing and products
- Meat processing
- Automotive industries
- Mining and associated industries
Other investment opportunities:
- Food processing and related industries
- Tourism and hotel industries
- Agro-industries
- Auto-components
- Jewellery
- Manufacturing
- Textiles and clothing
- Electronics and Electrical
- Furniture
- Manufacturing and tourism
Author: Seeff Property Group
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