KZN Growth Fund
|Postal||PO Box 1817, Durban, 4000|
|Physical||28th Floor, Delta Towers, 303 Dr Pixley Kaseme Street, Durban, 4001|
|Tel||031 372 3720|
OverviewThe mission of the KZN Growth Fund is to provide competitive and innovative project finance to private sector investments that unlock growth opportunities in the KZN province for a better future by promoting direct investment, Broad-Based Black Economic Empowerment (B-BBEE) and job creation, whilst remaining financially self-sufficient and sustainable.
The Fund's principal objective is to steer sustainable economic development and job creation through facilitating the financing of medium- and large-scale infrastructure projects within the KwaZulu-Natal province. The KZN Growth Fund is therefore a project finance facility that has been developed by the provincial government to spearhead the funding of economic projects.
Its strategic objectives are to increase investment into the province; increase competitiveness of the regional economy; broaden participation in the economy; facilitate the development of skills; and facilitate B-BBEE.