Regional Development Flashcards
What is regional development
Process of uplifting areas of less development
Increase eco livelihood
How does regional development occur
Stimulate development
Reduce unequal development
Decentralization
What was the aim of SA since 1994
Decentralization
How is decentralization taking place
Through SDI and IDZ
What is an SDI
Spatial development initiative
Inter departmental investment strategy in 1997
What are positives of an SDI to SA
Develop infrastructure
Create employment
Restructure apartheid economy
attract FDI
Give examples of SDIs
Platinum SDI
Richards bay SDI
What is an IDZ
Industrial development zone
Creating jobs through promoting exports in 1999
What are characteristics of an IDZ
Physically enclosed
Linked to port
Duty free
What are positives of IDZ
Good basic infrastructure
Easy access to port
Production cost reduced
Give examples of IDZs
Saldahna bay
Richards bay