Abstract:
The scope of the research is defined within the field of development economics relating to industrial policy. The research report studies the challenges of localisation requirements that must be met within the designated rail manufacturing sector situated in the Industrial Policy Action Plan (IPAP). A qualitative research process explored the private sector business leaders’ perceptions of localisation pertaining to economic value-add, public procurement and the South African business context. The study identifies possible improvement areas related to the effective implementation of localisation requirements within the rail manufacturing sector of Gauteng, South Africa.
