Question NW4220 to the Minister of Trade, Industry and Competition
08 January 2024 - NW4220
Marais, Mr EJ to ask the Minister of Trade, Industry and Competition
What (a) is the current financial status of the Saldanha Bay Industrial Development Zone (SBIDZ) and (b) total budget will be allocated to the SBIDZ in the 2024-25 financial year to promote investment in green energy to enhance sustainable energy, excluding the mooted collaboration or deal with a certain company (name furnished)?
Reply:
The SBIDZ is managed by the Western Cape Provincial Government.
According to the Western Cape Provincial Government and the SBIDZ, the entity is not yet independently financially sustainable and is still reliant upon the Provincial Government as the owner of the SEZ, for operational funding.
Below is a table with the provincial allocation for the financial years 2022-2026.
|
Specific Budget policy programmes |
2022/23 |
2023/24 |
2024/25 |
2025/26 |
|
(R ‘000) |
(R ‘000) |
(R ‘000) |
(R ‘000) |
|
|
Operational Funding |
41 977 |
- |
- |
- |
|
New Integrated Port PPF request for SBIDZ |
- |
9,400* |
- |
- |
|
Investment – Green Hydrogen development (Earmarked priority allocations) |
- |
3,300 |
18,150 |
18,150 |
|
Total |
41 977 |
12,700 |
18,150 |
18,150 |
*To note, R9,4 million appropriated in the 2023/24 main budget for the Project Preparation facility for the integrated port upgrade in Saldanha is to be reclassified in the 2023 Adjusted Estimated for use as operational expenditure by the entity to assist with the entity’s sustainability.
In terms of funding from the SEZ fund, managed by the dtic the SBIDZ zone has received the following funding:
|
Bulk infrastructure |
R 741 858 000 |
|
Top structure |
R 391 130 000 |
|
Skills development |
R 4 495 000 |
|
Total |
R1 137 483 000 |
The total amount the SBIDZ received from the dtic SEZ fund is R1 137 483 000 over seven years, between 2016/2017 – 2023/2024.
In respect of green energy, the SBIDZ would require operational funding from the Provincial Government. the dtic, IDC and the SBIDZ are working together to attract private investment in green energy.
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