South Africa: Richards Bay Industrial Development Zone Opens for Business

The Richards Bay Industrial Development Zone (IDZ) on South Africa's KwaZulu-Natal coast has finally commenced its Phase 1A development in preparation for forthcoming investors.

The 216-hectare industrial estate was promulgated in 2002 as a public entity, with 60% of its shares held by the KwaZulu-Natal Department of Economic Development and Tourism and 40% by the City of uMhlatuze, the municipality that incorporates Richards Bay and Empangeni.

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