INVEST IN LIMPOPO
Limpopo is one of South Africa’s nine Provinces, located in the northern tip of the country bordering Botswana in the West, Mozambique in the East and Zimbabwe in the North. The Province provides easy access to Sub-Saharan Africa (SSA) and the Southern African Development Community (SADC) with 330 million people.
Limpopo Province contributed 7.2% to the Gross Domestic Product (South Africa in 2020) and has major economic activities in various sectors including agriculture, mining and tourism. The agriculture sector was the biggest contributor to the provincial economy which accounted 0.4% in 2020. Limpopo Development Plan (LDP) identified considerable potential and growth prospects in agribusiness, mineral beneficiation, the green energy, ecotourism, hospitality, game, and livestock farming.
The Province has five municipal districts namely, Capricorn District; Mopani District; Sekhukhune District; Vhembe District and Waterberg District Municipalities. The Province has three major Government Owned Agencies for economic development, Limpopo Economic Development Agency (LEDA), Limpopo Gambling Board (LGB) and Limpopo Tourism Agency (LTA).
Some of the national economic development agencies are represented in the Province through regional offices such as the Industrial Development Corporation (IDC), National Empowerment Fund (NEF), Small Business Development Agency (SEDA), Statistics South Africa (StatsSA) and State Information Technology Agency (SITA). Mining output includes iron ore, coal, copper, phosphates and importantly, platinum group metals (PGMs)
Political and social stability
- A dynamic market economy with a sustained economic growth,
- Advantages of the geographic location, bordering Botswana, Zimbabwe and Mozambique
- Development infrastructure: Trans-Limpopo Corridor which links the Province with the commercial hub of Johannesburg and the Polokwane international airport
- The cost of doing business in Limpopo is favourable
- World class telecommunication and banking sector
OPPORTUNITIES PER SECTOR
- Tourism and Property development;
- Logistics Services
- Medical and pharmaceutical production and distribution
- Electronics manufacturing and assembly
- Aerospace and aviation-linked manufacturing and related services
- Agriculture and agro-processing;
- Aluminium conversion and fabricated products;
- Automotive parts and components;
- Film, media and entertainment;
- Metals beneficiation;
- ICT (techno parks and innovation hubs);
- Manufacturing
- Renewable and clean energy (solar, fuel cells and biomass)
- Medical tourism
- Healthcare (Pharmaceutical)