Government launched a provincial InvestSA One Stop Shop (OSS) in Gauteng on Tuesday, 10 April 2018, in a bid to attract investment in the province.
Its objectives include providing professional service to all investors to reduce regulatory inefficiencies and red tape for investors looking to invest in Gauteng.
The Gauteng InvestSA OSS was launched by the Minister of Trade and Industry, Rob Davies, together with Gauteng Premier, David Makhura, in Sandton.
The InvestSA OSS is a presidential programme to promote and facilitate investment in South Africa.
Minister Davies said that the provincial One Stop Shop investment centres that were being rolled out in all the provinces would be used to coordinate and incorporate the special economic zones, provincial investment agencies, local authorities and the relevant government departments involved in regulatory, registration, permits and licensing matters.
“Gauteng province is an economic hub for South Africa’s investment opportunities abound in a number of sectors of the economy and hosts major multi-national companies that are increasing their investment in South Africa.
“The launch will strengthen coordination in the three metros and economic corridors in the province together with other departments and agencies under one roof.”
Gauteng is a leading sub-national destination for foreign direct investment into the African continent.