News Formal

Trade and Industry Minister Tau vows to intensify SA’s localisation drive

  • 📰 ewnreporter
  • ⏱ Reading Time:
  • 8 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 51%

Ewn News

Ewn News,News,Eyewitness News

Tau said automaker Toyota and Thailand’s Ogihara investing almost R1.2 billion into KwaZulu-Natal's booming automotive sector is aimed at enhancing the country’s localisation drive in a bid to give struggling industries a lifeline.

JOHANNESBURG - Minister of Trade and Industry Parks Tau has vowed to intensify the country’s localisation drive as government puts the automotive masterplan into motion.

The investment is set to see the construction of a new component manufacturing plant at the Dube Tradeport in Durban, creating more than 200 jobs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trade and Industry Minister Tau reaffirms govt's plans to fast-track industrialisation, job creationTau doubled down on some of government’s commitments at the launch of the Toyota and Ogihara investment drive at the Dube Port in KwaZulu-Natal (KZN) on Thursday.
Source: ewnreporter - 🏆 35. / 51 Read more »