OVERVIEW
The Council of Great Lakes Governors (CGLG) is leading a multi-sector trade mission to South Africa from February 23- March 4, 2011. The goal of this mission is to assist small to medium sized companies from the Great Lakes region export products and services to this exciting market. A printable flyer for the mission can be found here.
Mission participants will receive:
- Customized one-on-one business appointments with interested distributors, agents and other prospective business partners set up by the CGLG South Africa Trade Office (average 3 – 4 appointments per day).
- Market overview including industry sector information and target company profiles.
- In-country business briefings.
- Services of CGLG South Africa Trade Office staff throughout the mission.
- Group airport-hotel-airport ground transportation in all three countries.
- Assistance with hotel bookings.
- CGLG staff will assist with follow-up after the mission.
WHY SOUTH AFRICA?
- English speaking market that values the rule of law in business, with a strong value on democratic principles.
- Recovered quickly from global economic slowdown, banks rated 6th in the world for financial stability.
- Economy forecast to grow by 4 to 5% in 2011.
- Demonstrating strong capital investment across sectors such as mining, energy, IT, tourism services & agriculture. Tariffs are relatively low--most capital equipment, technical and industrial inputs enter duty free.
- Exchange rate currently sitting at US$1 = ~R7.30 (30 August, 2010). This is close to a relative high advantaging US exporters in PPP terms.
- South Africa has the world’s largest supplies of gold, platinum, chromium, vanadium and other precious and semi-precious metals.
- South Africa is undergoing a resources boom due in part to its proximity to the high growth economies of China and India. This is creating a huge demand for mining and other industrial equipment and technology services; environmental technology, etc.
- It is the center of southern Africa’s energy market.
- South Africa is the regional hub for imports and distribution throughout southern Africa.
- The U.S. is South Africa’s leading foreign direct investor and second largest trading partner.
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If you are not already active in this important market, now is the time to get started.
KEY INDUSTRY SECTORS |
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Automotive Parks and Line Technology
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Agricultural Machinery & Processing Machinery
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Consumer/Household/Sporting Goods
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Construction Equipment
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Engineering and Consultancy Services in Construction, Waste Management, Industrial and Processing Equipment Machinery
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Medical Equipment
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Mining Equipment
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Financial Services
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Power Generation and Supply
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TRADE MISSION ITINERARY |
REGISTRATION & COSTS |
| Feb 21 |
Depart U.S. for Johannesburg, South Africa
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Registration deadline is December 17, 2010
Mission Participation Fee: $650 per person -Includes in-country staff support; group airport-hotel-airport transportation; business briefing; networking dinner.
Market Research/Appointment Setting Fees*: $1,950
*Varies by State you reside in
For additional information, please contact:
Zoë Munro
Program Manager
Council of Great Lakes Governors
Phone: (312) 407-0177
Email: zmunro@cglg.org |
| Feb 22 |
AM/PM Arrive in Johannesburg
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| Feb 23 |
AM: Country Business Briefing
Individual Business Appointments
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| Feb 24 |
Individual Business Appointments
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| Feb 25 |
Individual Business Appointments
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| Feb 26 |
Optional Weekend Activity
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| Feb 27 |
Optional Weekend Activity
PM: Travel to Durban
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| Feb 28 |
Individual Business Appointments
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| March 1 |
Individual Business Appointments
PM: Travel to Cape Town
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| March 2 |
Individual Business Appointments
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March 3
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Individual Business Appointments |
| March 4 |
Depart Cape Town for U.S.
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