Investment promotion in the South African manufacturing industry: incentive comparisons with Malaysia and Singapore
South African Journal of Economic and Management Sciences
Field | Value | |
Title | Investment promotion in the South African manufacturing industry: incentive comparisons with Malaysia and Singapore | |
Creator | Wentzel, Martha SI Steyn, Maxi | |
Description | South Africa needs to increase its inward foreign direct investment in order to achieve economic growth. The purpose of this article is to explore which intervention could be launched in the short term to enhance the country's attractiveness for foreign investors. The findings of the literature review demonstrated that incentives, as a determinant of investment, are the short-term intervention with the most significant potential to attract additional foreign direct investment. A comparative study, which provided insight into the incentives that are currently offered to the manufacturing sectors of three countries (South Africa, Malaysia and Singapore), assisted in identifying two additional incentives that the South African government could introduce and three existing incentives that could be amended. The introduction or modification of these incentives could ensure that South Africa has a competitive advantage to attract investment from foreign investors and thereby increase South Africa's inward foreign direct investment in the manufacturing industry. | |
Publisher | AOSIS Publishing | |
Date | 2014-05-29 | |
Identifier | 10.4102/sajems.v17i3.528 | |
Source | South African Journal of Economic and Management Sciences; Vol 17, No 3 (2014); 319-335 2222-3436 1015-8812 | |
Language | eng | |
Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/528/371
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