North West

NORTH WEST

Rebuilding the province through the promotion of trade and infrastructure investment, the IDC North West operations’ overall strategy aims to focus on migrating manufacturing entities, whose consumers are predominantly based in the NW province, from other regions.

 

By establishing these manufacturers in the NW and bringing them closer to the consumers of such goods will not only stimulate more local economies and business operations but aims to reduce the provinces unemployment rate through increased job creation

ABOUT THE REGION

What are the key industries and sectors that you support?

  • Manufacturing
  • Agro processing
  • Mining and minerals beneficiation and services incidental to mining
  • Green industries
  • Industrial infrastructure

Opportunities in the region?

  • Enterprise Development initiatives from the mining industry and other manufacturing entities in the NW Province
  • Establishment of SEZ in the province, that may drive the industry to relocate their operations and manufacture in the NW Province

What is your regional strategy and focus areas?

The overall strategy is to focus on migrating manufacturing entities whose consumers are predominantly based in the NW province from other regions and to help establish them in the NW closer to the consumers of such goods. This will result in job creation in the province which has a high unemployment rate. The key focus areas in no particular order will include:

 

  • Agro Processing
  • Tourism
  • Mining, minerals beneficiation and other services that are incidental to mining
  • Manufacturing
  • Establishment of businesses in the rural areas to enhance rural economy and sustainability.

What are your top three tips for someone applying for finance?

  • Be passionate about what you do and what you want funded. Understand the industry well, the value chain linkages etc.
  • Draw up a comprehensive business plan with supporting financial projections. The plan should focus on your technical abilities, a firm marketing strategy of how to get your products sold or services rendered and a detailed financial projection, that demonstrates economic merit of your idea.
  • Have a strong management team that will assist to steer the business in the right direction.

Contact the North West Regional Office: nw@idc.co.za

Thabiso Sekano

North West Regional Manager

Rustenburg

Suite 16
New Heights Office Park
67 Brink Street, Rustenburg

 

Tel: 014 591 9660 /1
Fax: 014 592 4485
Email: nw@idc.co.za

 

Brits

Suite 108, Safari Centre
28 Van Velden Street
Brits 0250

 

Tel: 012 252 0008
Fax: 012 252 4657
Email: nw@idc.co.za

 

Mahikeng

Shop No. 1B
Corner Besemmer & First Streets
Industrial Sites

 

Tel: 018 397 9942
Email: nw@idc.co.za

REGIONAL FOOTPRINT

PROVINCE CONTRIBUTION TO GDP0%

VALUE APPROVED0%

PORTFOLIO0%

JOBS0%