Chinese Automotive to Create Jobs in SA

Publisher:
Engineering News
Publication Date:
29 November 2012
Tags:
Africa, South Africa, Economy, Business and Finance

The local arm of Chinese company Beijing Automotive Works, BAW South Africa, has cut the ribbon on its R200-million taxi assembly plant in Springs. The Industrial Development Corporation contributed equity of R22.9-million in what is reported to be the first of many investments in a number of sectors. Irma Venter reports.

Each week Creamer Media's Real Economy Report provides an insight into technological and project developments in Africa. See more at www.engineeringnews.co.za

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