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Coega SEZ automotive cluster celebrates milestone achievements - published 10 Oct 2018

Coega SEZ automotive cluster celebrates milestone achievements

 

The launch of the October Transport Month Campaign headed by Transport Minister, Blade Nzimande has established a platform for South Africans to further engage in the conversation of the role of transport in the economy. The campaign is ideally intended to inspire South Africans to pay attention to the condition of current transportation and the investment on new means of transport, which are safe, affordable, accessible and as well as reliable.

In light of the above, the Coega SEZ automotive cluster is gradually making significant strides towards improving the socio economic conditions of the Eastern Cape region, mapping them against the National vision set to stimulate development within the transport sector.

This progressive cluster is a host to companies with an investment value worth over 12 billion when combined.

FAW is one of the companies within the Coega SEZ attempting to torch economic bearers for the Eastern Cape region, it is now on its 4 000th locally built trucks. Located in zone 2 of the Coega SEZ, FAW is now on its 4th  year since its official opening in July 2014. Named as the Global Distributor of the Year 2017, and South Africa`s second biggest truck exporter, the R600 million plant to date has 16 different models which have been assembled. These models range from the 8.140 to the 420 hp FAW 33.420FT truck tractor, which is the recent model in the company’s extra-heavy commercial vehicle range and the inheritor to the FAW 28.380FT.

Apart from FAW, other companies within the automotive cluster include, BAIC, ISUZU Parts Distribution Centre, Faurecia, Rehau, Groupo Antolin,Benteler, Hella and Q-Plas located at the Coega SEZ and Nelson Mandela Bay Logistics Park opposite Volkswagen (VW) in Uitenhage.

Subsequent to FAW success, the Chinese vehicle manufacturer BAIC celebrated their historic milestone with a launch that took place earlier this year. The R11 billion Chinese plant has been an active pioneer in boosting job creation, having produced over a thousand construction jobs for Eastern Cape.

Meanwhile the Japanese vehicle manufacturer Isuzu, located in Zone 1S opened their vehicle parts distribution facility in February this year. This manufacturing plant took over the vehicle parts centre, previously operated by General Motors.  

Marketing, Brand and Communications Unit Head, Dr. Ayanda Vilakazi   welcomed the transport month campaign with optimism that it will further stimulate the development of our economy; he reiterated the importance of the role of Foreign Direct Investment (FDI) and domestic investment in achieving this vision. “We cannot stress enough the importance of both domestic and international investment particularly when looking at measures of strengthening our economy. The extensive work done by the CDC in making the Coega SEZ an ideal investment hub is demonstrated by some of the evident achievements and milestones within the automotive hub” he said

 

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