Tshwane showcases automotive industry

Automechanika SA exhibition

City of Tshwane's mayoral committee member for finance, Dorothy Mabiletsa, at the Automechanika SA exhibition

Tshwane, in partnership with the Automotive Industry Development Centre (AIDC), has joined hundreds of other global companies at the biannual Automechanika South Africa exhibition at the Johannesburg Expo Centre to showcase the city’s automotive industry.

The exhibition, which ran from 8 to 11 May, enabled companies specialising in the automotive and components sector to showcase their offerings on an international platform.

The automotive and components industry is one of Tshwane’s key priority sectors. It has a turnover of about R30 billion in current prices and generates about a quarter of the manufacturing sector’s value add, contributing about 3.3% to Tshwane’s economy.

Speaking at the breakfast meeting at the Johannesburg Expo Centre on Thursday, 9 May, mayoral committee member for finance, Dorothy Mabiletsa, said the City of Tshwane has identified the automotive sector as one of the key 'drivers' of economic growth and development in Tshwane.

Emanating from this, the City has taken a conscious decision to develop and promote a partnership with the automotive industry due to its strategic importance to Tshwane and South Africa.

Deputy city manager Lindiwe Kwele added that Tshwane has affirmed its position as an investor-friendly city, with 40% of all passenger vehicles manufactured in South Africa being produced here.

Tshwane also hosts half of the light-vehicle manufacturers in the country (Volvo, Nissan, BMW and Ford).

Tshwane is reviewing its investment incentive policy in order to make it attractive to investors.

All the projects and partnerships demonstrate the City’s commitment to developing a competitive automotive sector.

comments powered by Disqus


This edition

Issue 68