FDI Tracker Q1 and Q2 2020

This report presents investment projects captured in Q1 and Q2 of 2020. Q1 and Q2 have been combined mainly because of the low number of investment projects announced in Q1 2020, combined with general delays in the release of certain data, such as those which inform the investment environment analysis. This was anticipated when investment globally was impacted by the slowdown in economic activity as strict measures were implemented in response to the COVID-19 pandemic. A total of 35 projects were recorded over the two quarters, with 27 projects identified in Q1, and eight projects in Q2. Over half the number of investments captured over the two quarters were by three companies. The total pledged investment value is R43.8 billion from 30 projects. Tracking further captured 3 320 job opportunities from eight projects, seven of which are by one company representing 3 300 jobs. These jobs are likely a mix of permanent and temporary opportunities as the company did not explicitly distinguish jobs by this segmentation. In this period seven projects were upgraded.