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 Durban - Business Information

Business Facts

GDP per Capita: $ 6,000.
Major Exports: Gold, diamonds, platinum, other metals and minerals, machinery and equipment.
Major Foreign Exchange Counters: Western Union and American Express.
Key Industries: Automobile assembly, metalworking, machinery, textiles, iron and steel, chemicals, fertilizer, foodstuffs, commercial ship repair.
Major Imports: Chemicals, petroleum products, scientific instruments, foodstuffs.

Business Overview
The major sectors that contribute to the economy of Durban are manufacturing, tourism, transportation, finance and government sectors. Durban is also a major export center because of its harbor and large coastline. The city has a very strong tourism base. There are numerous heritage sites, natural landscapes and magnificent architecture in the city. 2010 FIFA World Cup stadium is the major construction project undertaken by the Durban government. The city of Durban has a major chunk in total income of KwaZulu-Natal province.

Major Business Centers
The International Convention Centre:
The International Convention Centre Durban (ICC) is one of the most advanced conference facilities in the world. The convention center is the most versatile and and flexible venue of South Africa. The venue is easily accessible from all major hotels, beaches and most importantly the International Airport.

The International Convention Center is a multipurpose, fully air-conditioned centre with three convention halls. The halls can be opened to provide a combined space of 7000 square meter of space. ICC Durban has been voted Africa's Leading Conference Centre for six consecutive years by World Travel Awards and in 2004 was also ranked as one of the top ten conference centres in the world by AIPC. The major events hosted by ICC Durban are - XII Non-Aligned Movement Summit in 1998, the Commonwealth Heads of Government Meeting in 1999, the XIII International Aids Conference in 2000, WONCA 2001 (World Academy of Family Practitioners).

The Durban Exhibition Centre:
The Durban Exhibition Centre is a world class multi-purpose exhibition, function and conference venue that is situated just in front of the International Convention Center in Durban. The DEC has two large halls providing a combined space of 9,600 square meter. The center also has numerous smaller halls, luxury suites and inhouse catering facilities. The venue also has enough open space which can be used as a parking space or space for outdoor events.


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