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Thursday, 23 March 2017

Making the Industrial Parks Revitalisation Programme work for employment and firm growth

  • Year: 2017
  • Author(s): Mbofholowo Tsedu, TIPS Senior Researcher

This policy brief provides an overview of South Africa’s Department of Trade and Industry’s industrial park revitalisation programme (IPRP). It then highlights some key success factors for implementing successful spatially-targeted industrial development interventions such as industrial parks. Although infrastructure provision is a crucial (and necessary) investment facilitator, other key factors are essential to ensure that such industrial parks fulfil the employment and firm expansion requirements for inclusive growth. These include ensuring that the right implementation partners are selected, ensuring that local and national government play their roles in investment facilitation, and identifying (and supporting) sector-focused growth opportunities.

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