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The benefits offered to business enterprises operating within the Dube TradePort SEZ are aimed at fostering business growth and attracting investments. Some of these benefits include: 1. Fiscal incentives: The Dube TradePort SEZ provides various fiscal incentives to eligible businesses, such as tax breaks, reduced corporate tax rates, and accelerated depreciation allowances. These incentives help to reduce operating costs and improve the profitability of businesses. 2. Customs incentives: The SEZ offers customs incentives, including duty-free importation of raw materials, components, and machinery for production purposes. This enables businesses to access necessary inputs without the burden of import duties, thus lowering production costs. 3. Integrated logistics facilities: Dube TradePort SEZ provides world-class logistics infrastructure, including an international airport, cargo terminals, warehousing facilities, and efficient transportation networks. These integrated logistics facilities support businesses in streamlining their supply chains, reducing transportation costs, and enhancing overall efficiency. 4. Government support: The Department of Trade and Industry (dti) and the South African Revenue Services (SARS) actively support the operations of the Dube TradePort SEZ. This support ensures a conducive business environment, facilitates regulatory compliance, and provides assistance with trade-related matters. 5. Market access: By operating within the SEZ, businesses gain access to both domestic and international markets. The SEZ's strategic location near the King Shaka International Airport and the Durban harbor enables businesses to efficiently export their products and reach global markets. 6. Industry competitiveness and resource beneficiation: The key objectives of the Dube TradePort SEZ include enhancing the competitiveness of KwaZulu-Natal's manufacturing sector and promoting resource beneficiation. The SEZ provides an environment where businesses can add value to raw materials and resources, thus fostering local industry growth and economic development. 7. Employment creation: The Dube TradePort SEZ generates employment opportunities through the establishment and expansion of businesses. The growth of industries within the SEZ leads to the creation of new jobs, contributing to local job creation and economic empowerment. Overall, the Dube TradePort SEZ aims to support businesses in increasing their value-added production, promoting local industry growth, attracting investments, and facilitating trade. Through its comprehensive range of incentives and infrastructure, it creates a favorable environment for businesses to thrive, contribute to the economy, and create employment opportunities. Targeted priority sectors include: - Aerospace and aviation-linked manufacturing and related services; - Agriculture and agroprocessing, including horticulture, aquaculture, and floriculture; - Electronics manufacturing and assembly; - Medical and pharmaceutical production and distribution; and - Clothing and textiles. Supplementary sectors include: - Freight-forwarding and aviation services; - Warehousing and storage; - Logistics and distribution; - Light manufacturing and assembly; - High-tech and automotive industries; - General manufacturing; - Renewable industry; and - Cold storage.