Government in investment talks with auto component firms
Government is in talks with a number of vehicle and component manufacturers looking to establish plants in South Africa, says Trade & Investment South Africa (Tisa) investment promotion and facilitation deputy director Sake van der Wal.
Tisa is a division of the Depart- ment of Trade and Industry.
Van der Wal says an existing truck importer as well as a bus importer are both investigating the possibility of establishing local assembly plants in South Africa.
These manufacturers are hoping to take advantage of a new government incentive programme to promote the local assembly of buses and trucks.
A third plant could possibly be set up by an existing vehicle importer that is mulling the assembly of minibus taxis in South Africa.
Yet anotherproject on the horizon is the long-awaited multi- model assembly plant, proposed for East London, where several vehicle brands could be assembled in low volumes.
“We have made very positive progress in our engagement on the East London plant,” says Van der Wal.
The plant will cater for the assembly of cars, minibuses and bakkies and could accommodate a maximum of six brands.
A multimodel plant could provide newcomer Asian vehicle brands and low-selling brands with a soft landing in South Africa’s manufacturing industry.
The proposed plant is based on a model where a variety of vehicle brands and models could be built using the same assembly facilities, such as the paint shop, body shop, and trim and assembly lines.
Van der Wal says five multi- national component manufac- turers are also looking at setting up shop in Gauteng, Durban and/or Port Elizabeth.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
As a reticulator, Egoli Gas provides natural gas to homes and businesses via underground pipes.
VISIT SHOWROOM
Complete range of security sealing solutions including security seals bags and labels.
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
