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
Key to long-term economic growth

Manufacturing is one sector in South Africa which offers the greatest potential to create jobs at respectable pay levels and provide the necessary momentum to transform the country into a highly developed economy. More >>

Incentives


Structure of the MCEP

There are two components to the MCEP: the production incentive (PI), managed by the Department of Trade and Industry (the dti); and the industrial financing loan facilities, managed by the Industrial Development Corporation (IDC).

The production incentive consists of five sub-components:

  • Capital investment (for upgrading and expansions);
  • Green technology and resource efficiency improvement (for cleaner production and greater resource efficiencies);
  • Enterprise-level competitiveness improvement (for new or increased market access, as well as product and process improvement, including the related skills development);
  • Feasibility studies; and
  • Cluster competitiveness improvement.

The industrial financing loan facilities component consists of two sub-components:

  • A pre- and post-dispatch working capital facility; and
  • An industrial policy niche projects fund.

Applicants may apply for one or a combination of these components at either company- or cluster-level. The programme is also available to engineering services and other businesses that support the manufacturing industry.