AUTOMOTIVE INVESTMENT: Stellantis, one of the world’s biggest car companies, to set up manufacturing plant in SA

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‘The manufacturing site in South Africa will be a new building block in our industrialisation strategy that includes the plan to sell one million vehicles in the region by 2030.’

The manufacturing plant, which is planned for a Special Economic Zone , will be completed by 2025.or existing Industrial Development Zones , namely:

Coega IDZ: the first and largest IDZ in Southern Africa. It is located in the Nelson Mandela Bay Metropolitan Municipality in the Eastern Cape. The Coega IDZ has attracted investment in agro-processing, automotive, aquaculture, energy, metals logistics and business process services sectors. Saldanha Bay IDZ: a primary oil, gas and marine repair engineering and logistics services complex based two hours north of Cape Town.

OR Tambo SEZ: focuses on light, high-margin, export-oriented manufacturing of precious and semi-precious metals. The multi-site development at OR Tambo in Ekurhuleni consists of several industry-specific precincts.

 

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Foreign investors must be joking or stupid to open a factory here. Continuous labour issues strikes and looting and daily theft and sabotage. Madness.

Fiat and alpha were crap quality engines. They left to spite white people butt screwed themselves. Most whites remember the aluminium engine blocks and crap diffs. You want to leave? Then stay out. Too late for tears.

Hamstrung by rolling blackouts

Great employment opportunities for youth and working class of the Republic of South Africa. It will the first manufacturing company to manufacture vehicle and assemble it in the country.

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