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SA studies creation of new platinum-focused industrial hub

Thursday, April 18, 2013 2:44
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(Before It's News)

A public-private partnership (PPP) has been established to pursue the establishment of a special economic zone (SEZ) aimed at attracting investments that seek to add value to South Africa’s platinum-group metals (PGM) resources ahead of export.

Known as the Platinum Valley Hub, the SEZ is one of ten new industrial hubs or corridors currently under investigation by the provinces while the Department of Trade and Industry (DTI) advances the SEZ Bill through the Parliamentary approval processes – the SEZ Bill was introduced in Parliament on March 6.

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