R11bn invested in SA auto industry
Pretoria Minister of Trade and Industry Rob Davies on Friday announced the biggest automotive investment in Africa in the last 40 years.
As part of the investment, the Coega Industrial Development Zone will get a record R11-billion upgrade from the Beijing Automobile International Corporation (BAIC).
The Coega Development Corporation signed a deal with BAIC for a completely knocked down automotive manufacturing plant in.... Read more »
Posted on : Tuesday , 30th August 2016