Endeavours and Incentives (Grade 12 NSC Matric Economics): Flashcards

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Endeavours and Incentives
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SDI

Policy for industrial dev in high poverty/unemployment areas

Number of main SDIs in SA

Eleven

IDZ

Industrial estate near airport/seaport for export production

Number of IDZs in SA

Five

SEZ

Geo-defined area with tax relief to promote industrial dev

5 critical infrastructure areas

Water, electricity, roads, sanitation, communication

Small Business Support duration

3 years

Skills Dev Programme training cost cover

Up to 50%

Foreign investment incentive: machinery %

Up to 15%

BPS bonus: 4,000-8,000 offshore jobs

20%

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