Introduction

Vision “A dynamic industrial, globally competitive South African economy, characterised by inclusive growth and development, decent employment and equity, built on the full potential of all citizens.”

The dti’s Mission is to:

• Promote structural transformation, towards a dynamic industrial and globally competitive economy;

• Provide a predictable, competitive, equitable and socially responsible environment, conducive to investment, trade and enterprise development;

• Broaden participation in the economy to strengthen economic development; and

• Continually improve the skills and capabilities of the dti to effectively deliver on its mandate and respond to the needs of South Africa’s economic citizens.

Strategic Objectives

• Facilitate transformation of the economy to promote industrial development, investment, competitiveness and employment creation.

• Build mutually beneficial regional and global relations to advance South Africa’s trade, industrial policy and economic development objectives.

• Facilitate broad-based economic participation through targeted interventions to achieve more inclusive growth.

• Create a fair regulatory environment that enables investment, trade and enterprise development in an equitable and socially responsible manner.

• Promote a professional, ethical, dynamic, competitive and customer-focused working environment that ensures effective and efficient service delivery

Financial Assistance (Incentives)

In an effort to increase industrial competitiveness and broaden the participation of enterprises in the economy, the dti provides financial support to qualifying companies in various sectors of the economy. Financial support is offered for various economic activities, including manufacturing, business competitiveness, export development and market access, as well as foreign direct investment.

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