GEDA provides the same kind of service at the provincial level that the Department of Trade and Industry does at the national level. Within Gauteng, GEDA markets, promotes, supports and facilitates economic development, investment and trade. The growth and development of our local economies is a top priority. We are moving ahead with the implementation of the economic hubs project aimed at redesigning the local economies and positioning government as a catalyst for development - putting up infrastructure to support local economic development and private sector participation.
GEDA helps to establish relationships by identifying local and international partners that meet necessary business requirements. More specifically, GEDA offers support, advice, facilitation and guidance on the following:
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Pre-Start Business Support |
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Chair initial meetings |
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Arrange subsequent meetings |
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Organise initial secretarial services |
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Match-make with suitable partners |
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Network and create an environment in which partners can reach common understanding | |
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Business Planning/Development and Financial Modeling or Business Appraisals |
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Facilitate on implementation and operation of project |
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Appraise the business plan to check viability and sustainability |
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Identify local and international consultants |
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Land/site acquisition |
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Raw material sourcing |
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Property solutions | |
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Creating a Conducive Environment for Economic Development |
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Support local government to develop and implement local economic development plans |
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Conduct research on economic trends |
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Determine the impact of agreements on economic development |
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Build capacity for local governments to respond and conduct their activities effective and efficiently |
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Provide relevant information and data through the quarterly bulletin |
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Support organized business formations | |
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Sourcing Local and International Investments/Trade Partners and Identifying and Introducing Potential Partners Assistance in Financial Planning
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Assist in sourcing funding for the project |
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Taxation advice |
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Risk mitigation and/or transfer | Key Market Issues
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Assist in finding information relevant to the business |
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Information brochures |
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Contracted in-depth studies or contact with authorities in specific fields | Related Legislation
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Assist with work permits |
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Immigration |
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Foreign exchange compliance |
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Customs and excise advice | Access to Incentives
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Should the project qualify, we assist in obtaining the necessary and relevant incentives offered by the DTI, municipalities and related institutions. | Hosting of Inward and Outward missions
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Host-focused outward and inward missions yearly. Members of the public are invited to participate in the missions. | Packaged Projects
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The GEDA team offers the opportunity to become involved in strategic projects that have been identified by the Gauteng Provincial Government and the private sector. In some cases these are Greenfield projects offering excellent returns in the long term. |
GEDA prides itself in being a pro-active organisation. To be sure, GEDA not only attempts to set the standard in responding to business inquiries but goes much further by identifying and marketing investment opportunities in Gauteng, and seeking investors whose interests match those opportunities.
So when potential investors seek assistance from GEDA, they will receive professional and informed advice on a full range of business activities, including new investments, joint ventures, expansions, trade and export. It’s all part of our strategy to develop Gauteng into the 10th largest Global City Region in the world by 2014.
GEDA’s Export Promotion Programme is designed to source viable export potential products and to facilitate export leading to purchase orders. GEDA ensures that there is a regular supply of products to showcase on a global level.
One of the ways GEDA contributes to economic and export growth is by hosting outward missions to carefully selected markets. These missions provide local industry with the opportunity to market their goods and services and to bid for tenders.
GEDA’s approach to marketing and trade and investment promotion is not scattergun. Just the opposite, in fact. The Gauteng vision is to become the ‘Smart Province’, the high tech centre for the country and the continent. That is why GEDA aims to grow the high value-added manufacturing sector, including research and development (R & D). Other areas of concentration include:
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Information technology |
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Telecommunications |
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Automotive Industries |
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Bio-Medical product, equipment and services |
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Pharmaceuticals |
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BPOs/ Call Centres |
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Agriculture |
With the above general areas of economic activity targeted for special attention in growing and diversifying the economy, GEDA has identified a dozen different industrial sectors and sub-sectors that receive special support in its overall efforts to promote investment in the province:
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automotive |
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malts and beverages |
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bio-technology |
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call centres |
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film industry |
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financial services |
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agro-processing |
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information and communications technology (ICT) |
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hi-tech manufacturing |
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steel-manufacturing |
How well does GEDA do its job? The purpose of this book is not to promote GEDA, but it may serve to give potential investors some confidence in GEDA’s ability to assist and guide them to know that GEDA was selected as one of South Africa’s 100 Top Performing Companies. This recognition was based on the success that GEDA has achieved in attaining its objectives by attracting billions of rands worth of investments. Making the international and domestic markets aware of the business opportunities that exist in South Africa’s economic powerhouse and fastest growing province.
Since its inception GEDA has generated investments of over R7 billion, more than R1.5 billion annually. We are committed to maintain and extend investment services at the highest possible professional standard. That’s GEDA’s promise to business. |
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