North West – North West Development Corporation (Pty) Ltd

Overview

The North West Development Corporation (NWDC) is an agency of the Provincial Government of the North West Province. It was established to plan, finance, coordinate, promote and carry out the economic development of the North West Province and its people in the fields of industry, commerce, finance, mining, tourism enterprise-related activities and other business resulting in wealth and job creation, while taking cognisance of the aims and objectives of the Reconstruction and Development Programme in South Africa. It is listed as a Schedule 3D provincial government entity in terms of the Public Finances Management Act.

The NWDC’s strategic thrust is to drive an inclusive strategy towards economic growth and transformation in the North West province in line with the provincial priorities. Its purpose is therefore to contribute towards the growth and transformation of the economy by positioning the North West province as a competitor in the SADC Region, Africa and the globe in investment attraction.

The NWDC aims to demonstrate its leadership by implementing key programmes and providing support for the development of key sectors of the economy in line with the conventional economic and industrial policies of the province. Key to this aim is the growth of the cooperative economy, trade and investment facilitation and increased strategic economic infrastructure. It undertakes to support key provincial strategies in a manner that ensures successful implementation of those strategies.

The NWDC’s vision is to be the cornerstone of promoting trade, attracting investment, and ensuring inclusive economic growth and transformation in the North West province. Its mission is to contribute to the inclusive economic growth and transformation of the province through: industrial development; commercial investment; property development and management; development of sustainable enterprises; trade and investment attraction; and programme management.