Gauteng Tooling Initiative (GTI) What is the GTI?The Gauteng Tooling Initiative (GTI) is an initiative of the Gauteng Department of Economic Development (DED). It is one of the Gauteng provincial Government initiatives intended to create 800,000 new jobs and contribute to achieving annual economic growth target of 8% by 2014. The GTI originates from the National Tooling Initiative (NTI) and has embarked upon a road-mapping process that will build a deep understanding of some of Gauteng’s key drivers of economic growth and job creation as well as identifying key interventions needed to maximize the growth potential of the identified sectors. This road-mapping process serves as a pillar of the provincial economic policy development and implementation by providing “leadership thought” to ensure effective, outcome-based economic development to meet its targets. The process will further identify highly productive and labour absorbing sectors of the economy so as to create increasing numbers of sustainable employment opportunities. Why is the GTI Important?Gauteng accounts for approximately 60% of national tooling production capacity, boasts the largest industrial concentration in South Africa. Through the South African Tool, Die and Mould (TDM) Industry, Gauteng is better positioned to be part of the TDM re-invention process of advancing growth in the global and domestic industry. Every manufacturer in South Africa needs tools, dies or moulds in order to manufacture. The rejuvenation of the TDM industry in South Africa is strategically critical for South African manufacturing as an underpinning industry. Gauteng Province has a critical role to play in resuscitating the Tool, Die and Moulding (TDM) industry. The TDM industry is a hi-tech industry, which require the development of specialized skills to support any new investment and re-capitulation process in the industry, due to the requirements of the most sophisticated and exacting skills in any manufacturing process. Objectives of the GTI- Identify key drivers of economic growth & job creation
- Provide better understanding of identified economic drivers
- Global value proposition
- Identify key interventions needed to maximize growth & development potential.
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