The Dube Trade Port, one of two Special Economic Zones (SEZ) in KwaZulu-Natal, has yet again attracted a multi-million rand investment from an automotive giant with an international footprint.
The multi-million plant with an annual production capacity of more than 2500 vehicles will be unveiled by the MEC for Economic Development, Tourism and Environmental Affairs, Mr Sihle Zikalala, will on Friday (25 May , 2018) unveil a multi-million rand vehicle assembly plant which will produce over 2500 vehicles a year and contribute handsomely to the economy of the province.
The investment, which is expected to drastically improve the economy of KwaZulu-Natal, comes after the province implemented measures aimed at making it more investor friendly by launching a One Stop Shop to make conducting business more effortless.
“We are excited about investments that we continue to attract into our province. Our flagship Dube Trade Port SEZ is doing exceptionally well in terms of creating an enabling environment that attracts investment worth billions. This is expected to increase in the near future as two pharmaceutical projects worth R2.5 billion are expected to be concluded this financial year,” said Zikalala.
Members of the media are cordially invited to cover the unveiling of the new vehicle plant to be held as follows:
Date: 25 May 2018
Time: 8h30
Venue: AIH factory, Trade Zone 1 (Dube Trade Port)
For more information contact:
Bongani Tembe
Cell: 082 327 2600
Vincent Zwane
Cell: 0611281759
