ACTOM rolls out R100m investment in plant expansion

  • 📰 SATodayNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

ACTOM, a major supplier of electrical equipment, services and balance of plant to the renewable energy sector, is rolling out a R100 million investment in plant expansion in Pretoria. The investment was announced as one of the pledges worth billions of rands that were made at the fifth South African Investment Conference held in Johannesburg […]

ACTOM, a major supplier of electrical equipment, services and balance of plant to the renewable energy sector, is rolling out a R100 million investment in plant expansion in Pretoria.

This contributed to bringing the total value of investment pledges over a five-year investment mobilisation period to R1.51 trillion, thereby exceeding the initial target of R1.2 trillion set by President Cyril Ramaphosa. He said they offer market-leading technology and advanced products to address the issues facing the electro-mechanical industry, from large-scale infrastructure installations to smaller projects and support services.

 

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

 /  🏆 44. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines