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Text of report by influential, privately-owned South African daily Business Day website on 31 December
[Report by Linda Ensor: "Review To Kick-Start Industrial Zones"]
CAPE TOWN - The Department of Trade and Industry is conducting a review of policy on industrial development zones (IDZs), which critics say do not offer enough incentives to attract investors.
The department accepted that its policy on the zones was weak and a stronger legislative framework was needed, deputy director-general of enterprise development Tumelo Chipfupa said yesterday.
Institutional arrangements were also not up to scratch, while inadequate funding meant the zones were …