TEDA working with the aerospace industry to promote investment


The Tshwane Economic Development Agency (TEDA) is using the 10th Africa Aerospace and Defence (AAD) to implement its targeted investment drive for the aerospace sector working with industry stakeholders including Aerosud, Denel, SAAB, AHRLAC and others.

Aerospace, defence and commercial industries are key strategic priority sectors for the City of Tshwane, the Gauteng Provincial Government and the National Government.

The South African aviation sector is well established in South Africa. Leading South African companies, including Tshwane based companies Aerosud and Denel, export high-tech parts and components to leading OEM’s like Airbus and Boeing as well as Tier 1 and 2 companies to the value of more than R3 billion per year. The sector provides 40% of the local content and 90 % of aviation activities take place in Cape Town and Gauteng. The sector employs more than 3000 highly skilled employees. Combined the South African aerospace, maritime and defence industry has 15 000 employees and exports valued at 1.3b Euro. The South African aerospace industry is known for its innovative products and applications in commercial as well as defence applications.

There is a concentration of companies in aerospace and defence in Tshwane and this makes the city an attractive destination for investors looking for opportunities in the aerospace and defence sector. Tshwane is home to leading aerospace companies such as Denel, Aerosud, Electro-thread, ANDT, SAAB, AHRLAC, Wonderboom airport and Centurion Aerospace Village among others.

On Friday, September 21, TEDA and local industry stakeholders will host a conference on the side lines of AAD, which will involve international aviation companies with an interest to invest in South Africa and import products manufactured by local industries. The conference will discuss among others aviation Index in South Africa; autonomous distress tracking; intelligent parcel delivery and co-operation with international investors and industry in the aerospace sector.