Within the broader South African trade climate, there are several favourable trade agreements and government incentives for investors:
- African Growth and Opportunities Act (AGOA), which enables access to US markets
- South Africa-European Union Free Trade Agreement, which provides for easier access to European Union markets
- Free Trade agreements within the South African Development Community (SADC)
The Department of Trade and Industry (DTI) supports investment through various grants and supply-side incentives, including the:
- Critical Infrastructure Fund
- Motor Industry Development Programme
- Small and Medium Enterprise Skills Development Programme
- Sector Partnership Fund
- Export Marketing Assistance Fund
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Strategic Investment Fund
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Accelerated depreciation of land and building
Incentives specific to the East London IDZ
- Preferential electricity rates for qualifying industries
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Duty-free imports for all imported inputs used for manufacturing for export
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Zero rate on VAT for all supplies procured in South Africa used in export manufacturing
- Zone specific local incentive packages including discounted utility services and affordable land prices
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