Incentives for capital expenditure

Foreign Investment Grant (FIG)

Objective

FIG compensates qualifying foreign investors for costs incurred in moving qualifying new machinery and equipment (excluding vehicles) from abroad to South Africa.

Beneficiaries

Foreign investors that have been approved for the Manufacturing Investment Programme (MIP).

Benefits

A cash grant, calculated as the lesser of:

  • 15% of the value of new machinery and equipment; or
  • The actual relocation cost of new machinery and equipment; to a maximum of R10 m

Implementing Agency

The Department of Trade & Industry

Contact:

Click here to see direct contact details.
Contact information consists of:

  • Contact person’s name
  • Telephone number
  • Email address
  • Website address
Click here to see direct contact details.

Mr. Paseka Masemula

Tel: +27 (12) 394 5021

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: Financial Assistance (Incentives)