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Home7 November 2019

7 November 2019

SANDTON
Convention Centre 161 Maude St, Sandton, JHB

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The following investments commitments were made at this year's SA Investment Conference:

• Afrimat is investing R300 million in the iron ore sector in the Northern Cape.

• Anglo African Metals is committing to invest R280 million in the beneficiation of titanium in Gauteng.

• Equites (pronounced Equi-TEZ) and Sandvik is investing R287 million in expanding its facilities and operations in South Africa.

• Ivanhoe Mines is investing a further R730 million in the Platfreef project in Limpopo

• Lactalis is investing R100 million in a milk powder production plant in the Western Cape.

• Mapochs (CH pronounced ‘g’ in Afrikaans) Resources is investing R100 million towards the re-establishment of a vanadium mine in Mpumalanga.

• Sundale is committing R101 million in cheese and dairy production in the Eastern Cape.

• Sinayo and Homsek have formed a partnership to invest R500 million in the dairy sector in the Free State.

• Sail Ferro Alloys is investing R562 million in beneficiation of ferrochrome in Mpumalanga

• Bradley Aviation is committing R244 million in the aeronautical sector in Gauteng.

• Fuchs (pronounced FOO-SHIS) is investing R260 million to expand its lubricants operations in Gauteng.

• Sasol is investing a minimum of R5,4 billion towards clean fuels at their Secunda plant in Mpumalanga.

• Clariter is investing R222 million in a waste plastic to oil facility in the Eastern Cape.

• Procter & Gamble is investing a further R260million toward the expansion of their diaper plant in Gauteng.

• Dr Oetker is investing R200million to expanding their investment in the production of pizza and ready meals.

• Frimax (pronounced FRY-MAX) is committing R380 million towards the expansion of their production of snacks and potato chips

• Pepsico is investing R5,5bn to further expand manufacturing capacity across its Pioneer Food operations.

• Unica Iron & Steel is investing R250 million in expanding manufacturing capacity of steel billets in Gauteng.

• United Heavy Industries is committing R350 million to the establishment of steel bar manufacturing plant in KwaZulu Natal.

• Dangold Packaging is investing R830 million in a beverage canning plant in Gauteng.

• Scaw metals is investing a further R250 million to upgrade their hot rolling mill and steelmaking capacity in Gauteng.

• SA Steel Mills is investing R1,5bn in establishing a steel manufacturing plant in Gauteng.

• PG Bison is investing R1,98 billion in expanding their board manufacturing plant in Piet Retief and investing in a new medium density fibre board plant in Boksburg.

• Sonae (pronounced SO-NIGH) Arauco (pronounced AROKO) is investing R200 million to expand their paper manufacturing line in Mpumalanga.

• Supavut (pronounced SUPA-FOOT) is investing R150 million in the automotive component sector in the Tswhane SEZ in Gauteng.

• Metair is committing R1,1 billion in the automotive component manufacturing industry in KZN, Eastern Cape and Gauteng.

• S.E.W Eurodrive is investing R200 million in the automation sector in Gauteng.

• Amdec is committing a further R2 billion to the Harbour Arch development in the Western Cape.

• Divercity is investing R1,2 billion in a mixed use property development in Gauteng.

• Thukela Lifestyle Resort is a R1,4 billion investment in KwaZulu Natal.

• Provenance is investing R100million towards the development of a film studio and innovation hub in KwaZulu Natal.

• Robert Jurgens Construction is investing R8,4 billion in property development, including a new hospital, in KwaZulu Natal.

• Blythedale Coastal Estate is investing R800 million to a lifestyle property development in KZN.

• Port Shepstone Property Development is investing R550 million in an intermodal transport facility and a shopping mall in KwaZulu Natal.

• Really Epic Dog is investing R200 million in The Homestead luxury game lodge in KwaZulu Natal.

• Akani Properties is investing R1,2 billion in a number of property developments in North West, Gauteng and Mpumalanga provinces.

• Telkom is investing R8 billion to expand telecoms infrastructure across the country.

• Teraco is investing a further R4,4 billion to expand data centre infrastructure in Gauteng.

• Google is investing R2,2 billion in a fibre optic submarine cable in the Western Cape that will provide high speed internet connectivity across the country.

• NTT Dimension Data is committing R875 million to the expansion of their datacenters in Gauteng.

• MnCapita is investing R530 million in establishing a global delivery centre in the business process outsourcing sector in the Western Cape.

• Nnambithi Group is investing R1,3 billion in a multi-purpose bulk liquid storage terminal in the Port of Durban.

• The Sola Group is investing R400 million in the renewable sector across the country.

• Solar Africa is investing R170 million in solar energy for large industrial consumers in Gauteng.

• The Giant Flag consortium is investing R184 million in an eco-tourism development in the Eastern Cape.

• The New Development Bank is committing a further R32 billion towards the financing of projects in South Africa.

• The Old Mutual Group is investing R3,6bn towards a number of funds for infrastructure and other projects across South Africa.

• Sanlam Investments is investing R7,2 billion towards funding for SMMEs and infrastructure projects across South Africa.

• The Industrial Development Corporation is committing a further R8 billion towards funding projects in South Africa.

• The Belgian Chamber of Commerce for Southern Africa is making a collective announcement of R1,5 billion on behalf of their members.

This brings our total for 2020 announcements to R109,6 billion!

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The third instalment of the SA Investment Conference is still streaming live - join the discussion virtually: https://youtu.be/iUEcc7ieBh4

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President Cyril Ramaphosa:

"Over the past two years, this conference has earned its place at the centre of our economic agenda.

It is an expression of our commitment to achieve economic growth through strong partnerships with our key role players – business, labour, and communities.

We meet this year at a time of great uncertainty and upheaval across the world.

Most of the delegates participating in this year’s conference are doing so virtually, a reminder of the extraordinarily difficult situation we are in.

Since the start of the coronavirus pandemic, we have understood that the best way to protect the economy is to bring the disease under control."

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ICYMI | This year’s announcements range from advanced manufacturing to the automotive sector, from agro-processing to oil and gas, from mining to tourism and hospitality, from the green economy to telecomms. https://t.co/Ju0X2Uf57x #investSA #SAIC2020

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Catch all the action from the 2020 South Africa Investment Conference. Visit and subscribe to our @YouTube channel.

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#InvestSA #SAIC2020 🇿🇦 https://t.co/Dtd3FeDkkP

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A big thank you to all our sponsors (diamond) @Naspers @TelkomZA (platinum) @AngloAmericanZA (gold) @HuaweiZA (silver) @Discovery_SA and @Vodacom for their pivotal role in making #SAIC2020 a huge success, amid the subdued economic climate. #InvestSA https://t.co/zlO3hlE2W2

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In his closing remarks, President @CyrilRamaphosa announces that we are firmly on track to meet our five-year target of R1,2 trillion. "In the 3rd year of #SAIC, we record R773,6 billion of commitments made over the last three years, including today.

#InvestSA #SAIC2020 https://t.co/8oWoLs4pRz

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