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Special Economic Zones Under the Spotlight

March 18, 2021

Department of Trade, Industry and Competition

The Special Economic Zones (SEZ) Programme will play a critical role in the implementation of South Africa’s Economic Reconstruction and Recovery Plan.

The deputy minister of trade, industry and competition, Fikile Majola, highlighted this in a briefing to parliament on progress in the implementation of the SEZs and the Industrial Parks Revitalisation Programmes.

According to the deputy minister, the SEZ Programme is at the “core of the reimagined industrial strategy, which is purposefully structured to stimulate local and foreign direct investments”.

“The SEZs are also going to play an important role in the African Continental Free Trade Agreement as we position our country to become a vibrant manufacturing hub of the African continent”, he added.

During the briefing, the department indicated that the development of an Industrial Parks Development Policy was a priority for 2021.

Meanwhile, the department, in Government Gazette 44277, published customs tariff applications received by the International Trade Administration Commission:

• creation of a rebate provision of ordinary customs and safeguard duties on flat-rolled products of iron or non-alloy steel – application by Steelbank Merchants (Pty) Ltd – representations within four weeks of the date of publication;
• creation of a temporary rebate provision of ordinary customs duties and safeguard duties applicable on flat-rolled products of iron or non-alloy steel – application by DTIC – representations within two weeks of the date of publication; and
• ministerial directive to review the tariff structure for poultry, classifiable under tariff heading 0207.1 – representations within four weeks of the date of publication.