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President Jacob Zuma launches Maluti-A-Phofung SEZ

The President of the Republic of South Africa, His Excellency, and J.G Zuma will launch the Maluti-A-Phofung Special Economic Zone (MAP-SEZ) in Tshiame, Harrismith, in the Eastern Free State, on 25 April 2017.

The media briefing and launch for the event is as follows:

Date: Thursday, April 20, 2017

Venue: Map-Sez Head Office, Cnr. Amanda and Delange Street, Tshiame, Harrismith

Time: 11h00

Note to Editors:

A Special Economic Zone (SEZ) is defined as a geographically designated area of a country set aside for specifically targeted economic activities, which are then supported through special arrangements and support systems to promote industrial development. A number of incentives and benefits are available to ensure SEZ's growth, revenue generation, creation of jobs, attraction of FDIs and international competitiveness. These include a preferential 15% corporate tax, building allowance, 12I Tax Allowance and customs controlled area.

Source: Government of South Africa

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