Invest in Johannesburg
South Africa is one of the world’s largest emerging economies and offers not only access to a population of 49,3-million internally, but also to the 1-billion people of Africa. Johannesburg, known colloquially as Joburg or Jozi, is the economic capital of South Africa and Africa’s most powerful economy, generating some 17 percent of SA’s wealth, with a growth rate higher than that of the national economy. It is the gateway to Africa.
As the continent’s economic hub, it’s the place where business starts. Joburg ranked No 1 in Africa and No 11 globally as best emerging market centre of commerce (2008 MasterCard survey). The City’s growth is due to its visionary leadership, diversification to globally fast growing sectors, its socio-economic development and a conducive climate for foreign direct investment (FDI).
While the rate of return on FDI is higher in Africa than anywhere else in the world (2009 African Economic Outlook), Joburg is enjoying a substantial percentage of all investment. It is a primary business city, a dynamic centre of production, innovation, trade, finance and services.
Johannesburg is determined to create a world-class African city and is investing billions of rands to transform the inner city, boost tourism and encourage hi-tech manufacturing initiatives. Major infrastructure projects such as the Gautrain, to link Johannesburg, the Johannesburg International Airport and Pretoria are already underway.