The plant is expected to create 250 direct jobs and a number of indirect jobs for people in the Durban area.
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.The construction of Toyota Tsusho Africa and Ogihara Thailand Corporation’s R1.1 billion manufacturing plant atpresident and chief executive Andrew Kirby said the project, which began more than two years ago, was “a milestone” for the company., and Ogihara Thailand.
“This joint venture marks a significant step towards our local value addition improvement strategy by localising the production of these critical components. The inclusion of Ogihara SA in our local manufacturing ecosystem will not only create new job opportunities but also enhance our capabilities in producing high-quality body parts for the automotive industry,” Kirby said., which is supported by the Automotive Production and Development Programme , he said.
SAAM 2035 aims to increase the localisation of the parts supply chain across the vehicle sector to 60% by 2035. The plan’s vision hinges on four principles: global competitiveness, shared stakeholder prosperity, sustainability and transformation. The investment was also evidence of the strong partnership between the government and the private sector.
The province’s economic development, environmental affairs and tourism MEC, Musa Zondi, said the Dube TradePort will be both the developer and operator of the proposed Durban Automotive Supplier Park in collaboration with the eThekwini metro municipality. The supplier park, which will be south of Durban, also aims to attract component manufacturing and car assembly firms.
“Through its commitment to source 90% of steel sheets locally, Ogihara SA will strengthen South Africa’s steel manufacturing sector, which is critical for the country’s industrialisation objectives,” Zondi said. “Because 54% of a vehicle’s manufacturing comprises steel, this investment is an important contributor to the growth and sustainability of this sector too.”
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