Stakeholder Notices

South African Automotive Week 10-13 October 2012, Nelson Mandela Bay, South Africa

South African Automotive Week 10-13 October 2012, Nelson Mandela Bay, South Africa

The SOUTH AFRICAN AUTOMOTIVE WEEK is an international trade show based in Africa's manufacturing center - Port Elizabeth. Read more...




Exporters Club of South Africa - Eastern Cape - 2012 Exporter Awards

Exporters Club of South Africa - Eastern Cape - 2012 Exporter Awards

Please click here for the Awards entry form 2012..
Closing date: 05 June 2012


Join the South Africa - China Expos 2012

Join the South Africa - China Expos 2012

The Department of Trade and Industry (the dti) will be hosting exhibitions in the cities of Beijing and Shanghai from 4 - 9 October 2012. This is an opportunity for South African companies to explore the Chinese market and gain inroads into Asia. Read More...

Eastern Cape SMME Summit 16 & 17 November 2011

Eastern Cape SMME Summit 16 & 17 November 2011

Please click here to view presentations made at the SMME Summit on the 16th and 17th November 2011.
Click here for the MEC's Speech...
Click here for Dr Tom's Speech...


Eastern Cape Community TV (ECCTV) Provincial Initiative

Eastern Cape Community TV (ECCTV) Provincial Initiative

- Production Training (Radio & Television Documentary Training)... Please click here to apply...
- 1st AGM. Date to be confirmed. Click here to download the Draft Programme...
- ECCTV Provincial Steering Committee to rollout a Community Mapping Exercise Read More...
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News Article - Automotive

Eastern Cape economy boosted by R500m investment by Volkswagen


Posted on: Wednesday, 16 March 2011. Article source: www.getnews.co.za, 8 March 2011

Engineering News reports that motor vehicle sales grew by 25 percent in February with the Eastern Cape-produced VW Polo Vivo being placed as the second best seller in passenger vehicles, trailing a few notches behind Toyota Hilux.

 

Rising passenger vehicles indicate that consumers are beginning to relax their grip on their purse strings, becoming less cautious.

Commercial property development in Uitenhage shows that the business and investor community views on the province are positive and they see it as poised for growth.

According to another Engineering News story , Volkswagen Group South Africa (SA) has started construction of a new 11 000 m2 press shop at its Uitenhage plant. The R500 million investment is in addition to the R4, 5 billion already invested by the company in the country over the past four years. Fifty new construction jobs have been created in the process.

 

Volkswagen manufactures the new Polo for the local and export markets as well as the Polo Vivo for the domestic market.

Queenstown, a steadily growing Eastern Cape business hub, is laying the groundwork for a R500 million shopping centre development, which is expected to be completed in December 2012,property24.com reports. The new regional shopping mall is to be developed on the N6 Cathcart Road, opposite the rapidly emerging Komani Park in the town.

The province, also known as the "Little Detroit", is, by and large, a major player in South Africa's automotive industry.  It boasts two industrial development zones with vast underutilised natural resources, making it fertile ground for commercial agriculture development and agro-processing.

The government's renewed focus on agro-processing sector and rural development means doors have been opened for Eastern Cape rural dwellers who now have the opportunity to meaningful participate in the mainstream economy.

Now that the national budget has been announced and the third largest provincial allocation is going to the Eastern Cape, the province's private and public sector leaders keenly await the Eastern Cape MEC finance MEC Phumulo Masualle's budget speech as he shares how the province is to spend this budget during the coming year.

 


 
Article Tags:  Volkswagen  |  motor vehicle sales
 
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