REASONS TO INVEST
1000ha GREENFIELD DEVELOPMENT
CUSTOMS-CONTROLLED AREA
EASE OF CONNECTIVITY
SUPPLY CHAIN CONNECTIVITY
SEZ INCENTIVES
PREFERENTIAL 15% CORPORATE TAX
15% Corporate Tax for qualifying entities
BUILDING ALLOWANCE
10% per annum for qualifying buildings and fixed structures
EMPLOYMENT INCENTIVE
Incentives for low salary workers
CUSTOMS CONTROLLED AREA
Import duty rebates for production-related and exported products and VAT exemptions under specific conditions for supplies procured in South Africa
LOGISTICS & SUPPLY CHAIN CONNECTIVITY
The Automotive Supplier Park is ideally located with regard to logistics and supply chain connectivity.
Major road and rail networks link the facility to other parts of the region, the South African hinterland and neighbouring states.
POWER & UTILITIES
The Automotive Supplier Park provides investors and tenants zoned and fully-serviced sites, inclusive of all necessary infrastructure, such as roads, bulk water and sewer networks, high-speed telecommunication networks and electrical installations.
CUSTOMS CONTROLLED AREA
The Automotive Supplier Park provides a unique business location for enterprises active in the automotive parts and original equipment-manufacturing sector. The facility will have Special Economic Zone status and will also be a Customs-Controlled Area, affording businesses located here all associated incentives and advantages, inclusive of duty and VAT suspension.In addition, the Automotive Supplier Park promotes extreme logistics efficiencies, being located in close proximity to both Durban harbour and the Toyota South Africa manufacturing plant in Prospecton.
EASE OF CONNECTIVITY
The Automotive Supplier Park site is located 16km from Prospecton, the home of the Toyota South Africa manufacturing plant, 38km from Durban Harbour and 69km from King Shaka International Airport.
It is intended that the Automotive Supplier Park becomes the centralised home to original equipment manufacturers and a host of component suppliers, who will be able to take advantage of the undoubted incentive and location benefits associated with the site.