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The Minnesota Trade Office (MTO) is leading a delegation of Minnesota companies on a trade mission to the fast-growing market of South Africa. Scheduled for March 28 to April 6, 2008, the mission will help small and medium-sized companies gain valuable market information and meet prospective business partners. South Africa is an attractive mid-size market. The economy is growing about 5 percent annually and barriers to entry are few. English is the language of business; the legal and corporate framework is very similar to the United States; and manufacturing and resource-based industries are expanding. Consumer and capital equipment sales have reached record levels, and further investment is expected in conjunction with the country’s hosting of the World Cup in 2010. South Africa also serves as an important entry point to neighboring markets with growth rates averaging 8 percent, and it is a gateway to trade with other Indian Ocean rim countries. Opportunities exist in many sectors, but those with high prospects include:
If you are not already active in South Africa, now is the time to begin. Don’t miss this opportunity to experience the business environment and culture firsthand and gain insight through networking with your counterparts from other exporting companies. Mission BenefitsBusiness matchmaking: The MTO will schedule individual business appointments with potential agents, distributors, or buyers in Johannesburg, Durban and Cape Town. You will average 3-4 appointments each day depending on your company’s products and objectives. Market research: You will receive valuable market research to help you prepare prior to the mission as well as an extensive market briefing upon arrival in Johannesburg. Business networking events: The mission will include business networking events in Johannesburg and Cape Town. Minnesota Trade Office Support: Jennifer Kocs, the MTO’s international trade representative for Africa, will be available to help you prepare for the mission and will accompany the delegation to South Africa. Ground transportation: Airport-hotel transportation provided. Hotel discounts: Group discount at conveniently located business hotels. Proposed Itinerary
(Additional arrangements can be made for those wishing to travel earlier or stay longer.) Estimated CostsMission Participation Fee: $2,500 includes matchmaking appointments in all three cities, country briefing, networking receptions, airport transfers, and in-country assistance from the Minnesota Trade Office. Coach class airfare: $1,800 (estimate). Hotels: Seven nights (estimate): $1,400. Prices cannot be guaranteed until bookings are made. Costs not included: Local ground transportation to individual business appointments and meals. To ParticipateComplete the application and return it to the Minnesota Trade Office no later than close of business on January 31, 2008. Application for Minnesota Mission to South Africa -- 2008 Questions: Contact Jennifer Kocs at 651-259-7488, or email jennifer.kocs@state.mn.us. Additional Market Information
Industry Fact Sheets For South AfricaAutomotive Parts & Accessories |
