Industry / South Africa
Car Projects Qualify For New Incentive Scheme
November 2009 | Industry BriefNews: 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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