the dti

The Department of Trade and Industry (the dti) promotes structural transformation creating a dynamic industrial and globally competitive economy. It broadens participation in the economy to strengthen economic development and continually aims to respond effectively to the needs of South Africa’s economic citizens. MORE>>

The IDC

The Industrial Development Corporation (IDC) is the national development finance institution promoting economic growth and industrial development. The organisation’s primary objectives are to contribute to the creation of balanced, sustainable economic growth in South Africa and the rest of Africa. MORE>>

bottomhook

MCEP on hold

New applications for MCEP have been temporarily suspended with immediate effect due to the large number of applications.
MORE >

About MCEP


South Africa's long-term growth and economic well-being depends, in part, on a vibrant manufacturing sector.

The sector employs some 1.7 million people and is vital in improving the country's skills and infrastructure base in innovative ways.

In many cases, developing countries that have been able to make the transition from weak economies to strong economies have relied on the manufacturing sector as their main engine of growth.

However, manufacturing in South Africa has shown a downward economic trend since the late 1970s, when the sector accounted for about 20 percent of gross domestic product (GDP).

Manufacturers who do not invest in competitiveness have been the worst hit by the downturn. In addition, most factories that were forced to close had outdated machinery and equipment.

It is often difficult to make investment decisions in the face of uncertainty, so with that in mind, a government incentive scheme was set up to help manufacturers: the Manufacturing Competitiveness Enhancement Programme (MCEP), implemented by the Department of Trade and Industry and the Industrial Development Corporation.

MCEP is a support scheme which offers manufacturing companies incentives to raise their competitiveness and retain jobs.

It offers two facilities: a production incentive and an industrial financing loan facility.