Blue IQ is a multi-billion
rand
The RAND Corporation, doing business as RAND, is an American nonprofit global policy think tank, research institute, and public sector consulting firm. RAND engages in research and development (R&D) in several fields and industries. Since the ...
initiative to develop economic
infrastructure
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and pri ...
for specific major projects in the
technology
Technology is the application of Conceptual model, conceptual knowledge to achieve practical goals, especially in a reproducible way. The word ''technology'' can also mean the products resulting from such efforts, including both tangible too ...
sector, high value-added
manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the
secondary sector of the economy. The term may refer ...
and
tourism
Tourism is travel for pleasure, and the Commerce, commercial activity of providing and supporting such travel. World Tourism Organization, UN Tourism defines tourism more generally, in terms which go "beyond the common perception of tourism as ...
.
Set up by the
Gauteng Provincial Government
The government of Gauteng province in South Africa consists of a unicameral Gauteng Provincial Legislature, legislature elected by proportional representation, and an executive branch headed by a Premier of Gauteng, Premier who is elected by th ...
in
South Africa
South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic O ...
, Blue IQ partners with business and government departments to promote strategic private sector investment in key growth sectors of the regional economy.
Its aims are to establish a significantly higher economic growth in the Gauteng Province and to shift the mix of
Gross Geographic Product (GGP) towards these
sunrise industries that is technology, manufacturing and tourism.
External links
Blue IQweb site
Gauteng Provincial Governmentweb site
Government agencies of South Africa
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