YOUR OPPORTUNITY TO COMMENT ON INVESTMENT POLICY

YOUR OPPORTUNITY TO COMMENT ON INVESTMENT POLICY

Overstrand Municipality

YOUR OPPORTUNITY TO COMMENT ON INVESTMENT POLICY

Overstrand Municipality invites all interested parties and individuals to give input on the Investment Incentives Policy.

The closing date for comments is 21 July 2022.

The Member of the Mayoral Committee (MMC) responsible for Infrastructure and Investment, Councillor Clinton Lerm, expressed confidence that the draft policy will receive positive comments from residents and role players.

We believe that in the long term, the right kind of investment will create the platform for sustainable growth of the Overstrand Municipal area, but also contribute to a safe and caring Overstrand Municipality.

The underlying principle of an inclusive Overstrand Municipality, is to ensure accessibility for any investor/entrepreneur to employment and business opportunities. This includes direct employment created by businesses investing in the Overstrand Municipal area, but also in terms of indirect employment within local business supplying goods and services to new investments.

The Investment Incentives Policy incorporates both financial and non-financial incentives: 

Financial Incentives

•    Property rates rebates (value of improvements);

•    Development Application Fees incentive (reduced building plan fees) 

Non-Financial Incentives 

•    A dedicated Investment Committee to assess applications    

•    Fast tracking and prioritisation of application process (timeframe commitments);

•    Assistance with development sites or building premises 

Overstrand Municipality see the Blue Economy, Aquaculture, Agriculture, Nature conservation, Tourism, Green Energy, Warehousing, Call centre, Financial, Medical and Health Care and Social and Affordable housing as the preferred sectors open for development.

As set out in the policy, members of the public can familiarise themselves with the existing business corridors and nodes for settlements in the area as well as economic opportunity nodes available.

Comments and inputs can be forwarded to mharmse@overstrand.gov.za or alternatively use enquiries@overstrand.gov.za (for attention Stephen Müller).

The draft Investment Incentives Policy can be viewed on the official website www.overstrand.gov.za. (Click on Documents and then navigate to Policies and Draft Policies). 

Alternatively download the document here.
 

YOUR OPPORTUNITY TO COMMENT ON INVESTMENT POLICY

Overstrand Municipality

In the background, though, a top performer - Overstrand Municipality - labours relentlessly to ensure this treasure trove’s clockwork ticks over smoothly. Providing municipal services to an area exceeding 1708 km2 with a population well in excess of the estimated 74500 souls is no easy feat, as th...

View Profile

What is Xplorio?

Xplorio is your local connection allowing you to find anything and everything about a town.

WATCH THE VIDEO: Welcome to Pringle Bay & Rooi Els!
Read More

Other Articles

Embrace Failure to Find Success

Embrace Failure to Find Success

"I have stood on a mountain of no’s for one yes." - Barbara Elaine Smith

Experience the Ultimate in Flavour with Our Wagyu Biltong!

Experience the Ultimate in Flavour with Our Wagyu Biltong!

Enjoy the rich, savoury taste of our delicious Wagyu Biltong.

Discover the Best Taste Choice at Jan Biltong t/a Suidwes Biltong!

Discover the Best Taste Choice at Jan Biltong t/a Suidwes Biltong!

For top-quality biltong and cured meat products in Kleinmond, visit Jan Biltong t/a Suidwes Biltong.

12 June 2024: SANSA Space Talk

12 June 2024: SANSA Space Talk

You are invited to attend the SANSA Space Talk: Space Weather Impacts on Commercial Space by Prof. Mark Moldwin.

SANSA Hermanus
Firewood and Pine Cones Delivered to Your Doorstep

Firewood and Pine Cones Delivered to Your Doorstep

Stay warm with Fynbos Pole Depot's firewood goodies!

Make Your Goal to Live Rich!

Make Your Goal to Live Rich!

Make your goal to live rich, and not in the way that you are thinking!

See All Articles