During the 6th administration 2019-2023, Gauteng has seen substantial foreign direct investment FDI from 261 foreign companies, amounting to R133.1 billion and creating an estimated 23 120 direct jobs.
The annual breakdown showcases significant capital inflows, with the highest investment of R43.2 billion in 2022, followed by R34.2 billion in 2019, R24.5 billion in 2021, R21.5 billion in 2020, and R9.7 billion in 2023. Key contributors include Ford South Africa, which has consistently invested across the years, and significant investments from Vantage Data Centers, Dimension Data Holdings, and Heineken South Africa.
Despite challenges such as the global pandemic, Gautengs proactive approach to attracting FDI has bolstered its economic resilience and job market, positioning the province as a pivotal industrial and financial hub in South Africa.
Additionally, as an affirmation of the regions dominance, noteworthy multinationals and Fortune 500 companies such as Walmart, Sony, Hyundai, Mercedes Benz, BMW, Honda, Huawei and Bosch have regional headquarters offices in Gauteng, making it the largest presence of multinational companies in sub-Saharan Africa.
At the heart of creating Gautengs enabling investor-friendly ecosystem, the InvestSA Gauteng one-stop-shop is a vital partner for investors looking to establish or expand their operations in Gauteng, providing essential support and facilitating a smooth investment journey.
