OWNERSHIP & FUNDING
Set up in 2002 as a response to the need for a robust catalyst for economic development and industrial diversification in the country, the ELIDZ is a State Owned Corporation set up by government through the South African Industrial Development Zones Programme (now the South African Special Economic Zones Programme) to develop, operate and maintain modern infrastructure and to complementary attract strategic investments for the region.
The ELIDZ is owned by provincial government (Department of Economic Development Environmental Affairs and Tourism (DEDEAT) and the Buffalo City Metropolitan Municipality (BCMM). It is funded by the Department of Trade and Industry (SEZ Fund – Capital Projects) and the Department of Economic Development Environmental Affairs and Tourism.
OUR CORE IDEOLOGY
A catalyst for growing a strong regional industrial base, supported and sustained by a business ecosystem that serves to extend the global competitiveness of local industries.
To attract and retain targeted industries through the operation of a world class investment location, supported by a conducive business environment and special economic zone benefits, where industries excel and prosper.