Foreign investment grant

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)

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