TRADE AND INVESTMENT LIMPOPO
OF SOUTH AFRICA

“The link to business growth”

 

  INVESTMENT INCENTIVES

  Small Medium Enterprise Development Programme (SMEDP)

 

It is the policy of the government to encourage economic development through private sector initiatives.  Foreign and local investment in all business sectors is welcomed.  The injection of investment funds from abroad is essential to ensure proper exploitation of the province's vast natural resources, which will in turn enhance the continued development and advancement of all the people living in the province.  Various investment and other incentives are available to investors.


This programme was introduced in September 2000. It provides incentives to new projects or expansion of an existing project in manufacturing, high value agricultural projects and agro-processing, aqua-culture, bio-technology, tourism, information and communication technology, arts and culture. The maximum incentive limit qualifying asset is $15million, although total qualifying assets of the project may exceed $15million. The investment grant is payable for the first two years on approved qualifying assets
An additional investment grant can be payable in the third year on the ratio of Human Resource remuneration expresses in terms of manufacturing cost and must be a minimum of 30%.

 Ten reasons why you should invest in Limpopo: 1. Access to Africa’s markets.

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