Strategic High-Impact Project (SHIP)

The Strategic High Impact Project (SHIP) SBU is managed by Ms Zanele Monnakgotla. The aim of the SHIP SBU is:

To put the IDC at the centre-stage of development in South Africa;
To work with project champions to pro-actively identify, conceptualise and develop economically sustainable greenfield projects with high development, employment, environmental and/or community upliftment impact. The minimum project size considered should be at least R100 million;
To assist SBUs in building a pipeline of medium/long term strategic investments; and
To align the IDC with government’s ASGISA plan.

Evaluation guidelines

The projects will be evaluated in terms of commercial, developmental and economic impact.

Profitability – economically sustainable projects, with IDC’s expected returns based on project risk and the type of funding made available to the project;
Availability of equity partners – local and/or international;
Market growth potential – global and/or local market growth potential; and
Technological considerations – the degree of sophistication of the technology and the extent to which the envisaged technology is generally available.

Job creation potential – the number of jobs created, total capital cost per job;
Broad-based BEE – direct BEE shareholding, broad-based shareholding (including local communities, skills development, workers, women, etc), BEE management and control, BEE procurement, etc; and
Regional development – priority provinces including the Northern Cape, Eastern Cape, Limpopo and Free State, as well as spatial development initiatives and industrial development zones.

Project size – overall size of the project is taken into consideration in terms of the total asset base, with R100 million being the minimum size considered. Smaller projects will be considered in the rural and priority provinces provided that these have significant developmental impact;
Foreign revenue potential/export – foreign revenue earnings potential arising from exports as well as savings from import replacement; and
Local content in capital expenditure – ideally more than 50% of capital expenditure content should be sourced locally.

For more information on SHIP, please contact us on 086 069 3888 or +27 11 269 3649. Alternatively, email our call centre at callcentre@idc.co.za