Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / South Africa

Car Projects Qualify For New Incentive Scheme

November 2009 | Industry Brief

News: According to Business Day, South Africa's Trade and Industry Minister Rob Davies has stated that a four-year pipeline of investment projects worth ZAR20bn (US$2.71bn) in the country's autos industry is in line with the state's new investment incentive scheme. He added that the ministry would soon release the guidelines for the incentive scheme, which forms the investment component of the new Automotive Production and Development Programme.

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