Dtpc and action miit brochure

1. BRICS INVESTORS’ GATEWAY INTO SOUTH AFRICA

2. ANOTHER BUSINESS GATEWAY
OPENS TO FOREIGN INVESTORS
IN SOUTH AFRICA, WITH THE
ANNOUNCEMENT, DURING THE
BRICS SUMMIT, OF A MULTI-BILLION
RAND MEGA INDUSTRIAL
INTEGRATED TOWNSHIP (MIIT)
DEVELOPMENT
Dube TradePort Corporation, a Schedule 3C Provincial (KwaZulu-Natal) Public Entity and Action
Group, a 40-year-old, highly diversifi ed business conglomerate from India, together announced the
signing of a Memorandum of Understanding on 26 March, during the BRICS Summit in Durban, for
the development of a Mega Industrial Integrated Township (MIIT) as part of the aerotropolis project
near Durban’s King Shaka International Airport.
The MIIT is envisioned to be developed on
a 240 hectare site with an investment of
approximately R2 billion. The development
will be undertaken in several phases and will
aim at delivering state-of-the-art industrial
infrastructure, inclusive of industrial
space, commercial space, a logistics hub
comprising truck, bus and container depots,
warehousing facilities, a weigh-bridge
centre, a training institute and a South
African fi rst-of-its-kind industrial retail park.
Both Dube TradePort Corporation and Action
Group envisage that the MIIT will complement
the current TradePort and international
airport, providing easy ‘gateway’ access and
a one-stop-shop approach for, specifi cally
but not exclusively, international investors,
manufacturers and industrialists seeking
to spread their business interests and
associated activities to South Africa.
The development is regarded as an important
step towards effective industrial growth
in South Africa as it would attract further
foreign investment of some R15 to R20
billion into the country and the Province of
KwaZulu-Natal in particular. Such levels of
investment would contribute signifi cantly to
the growth of the region, increase its share
of world trade, play a role in employment
creation, attract modern technologies,
enhance infrastructure, provide benefi ts to
local suppliers and increase benefi ciation of
local products.

3. Location map (not to scale)

4. THE ROLE-PLAYERS
Dube TradePort Corporation is a Schedule 3C Provincial Public Entity mandated by the
Provincial Government of KwaZulu-Natal to develop the TradePort precinct by undertaking or
investing in projects associated with Dube TradePort. The organisation develops, manages and
owns the TradePort, inclusive of Dube Cargo Terminal, Dube City, Dube TradeZone, Dube AgriZone
and Dube iConnect. The Airports Company South Africa owns and operates the adjacent
airport facility.
This world-class passenger and airfreight
hub, emerging as a highly competitive
business environment capable of attracting
a range of investors, is the foundation of
an aerotropolis – or airport city – centred
around King Shaka International Airport. It
is being developed to a 60-year master plan
on a ‘Greenfi eld’ site, offering enhanced
certainty regarding planned, regulated and
sustainable expansion. Dube TradePort
reinvents the way of doing business, opening
the door to world-wide business as a catalyst
for global trade and a portal between
KwaZulu-Natal and the world.
Action Group is a 40-year-old, highly diversifi ed business conglomerate with a major presence
in India’s real estate development through Suncity Projects, a major player in the development
of industrial parks, special economic zones, the retail sector, offi ces and hotels, as well as
residential dwellings.
In addition, Action Group is actively
involved in a range of other economic
sectors, including electronics, with Microtek
being the largest inverters manufacturer
in India, footwear manufacturing, with
Action Shoes, the largest in India, MDF and
particle board manufacturing, through
Action TESA, the largest manufacturer of
its type in the country, fl ex manufacturing,
with Pioneer Flex, also the largest in India,
and plasticisers manufacturing by way of
API Chemicals, the country’s third largest
operator. In addition Action Group has steel/
sponge, iron plant, hydro power and solar
power interests, together with the Cancer
and Heart hospital, Sri Balaji Action Medical
Institute. It also has a presence in the South
African coal mining sector, through INSA
Coal Holdings.
For more information, please visit: www.dubetradeport.co.za/news or contact:
Hamish Erskine
Dube TradePort Corporation
Phone: +27 32 814 0000
Cell: + 27 82 338 9433
Email: Hamish.Erskine@dubetradeport.co.za
Jitin Bhatia
Action Group
Phone: +91 9811363340
Cell: + 27 74 891 2906
Email: Jitin.Bhatia@actiongroup.co.in
www.dubetradeport.co.za
www.actiongroup.co.in