In August the Toyota Hi Ace Sesfikile minibus taxi plant expansion in Durban

In august the toyota hi ace sesfikile minibus taxi

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composites factory in Germiston. In August, the Toyota Hi-Ace Ses’fikile minibus taxi plant expansion in Durban will be launched, with a near half a billion rand worth of investment. In September we will see Proctor and Gamble launch its R300 million investment, producing Pampers nappies and women’s hygiene products. By October, Best Value Foods, a black-owned fresh fruit and veg operation, will open a R31 million operation in Midrand. In November, we will host the SA Investment Conference and in the same month showcase SA products at the Shanghai Import and Export Expo. Mr President, in the steel industry, within the next 100 days we will launch a support programme for new plant and equipment in metal fabrication. We will meet investors and stakeholders on the long-term development of foundries and steel mini-mills, including measures to enable the local beneficiation of scrap
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UNREVISED HANSARD JOINT SITTING TUESDAY, 25 JUNE 2019 Page: 397 metal. To promote local fashion and the South African clothing and footwear industry, within 50 days we will release a draft master plan for the industry, and within 100 days we will have held substantial consultation to build consensus on a sector social pact. In the chemicals value-chain, we are mobilising South African companies to supply R8 billion worth of goods and services as part of the Golfinho-Atum gas project in Mozambique, partly underwritten by our Export Credit Insurance Corporation, ECIC. In plastics, we will partner with domestic manufacturers to identify opportunities for import replacement. The new Auto Masterplan aims by 2035 to increase local content from 39% to 60%, double its annual car-production, expand employment to 220 000 people and create a R2,5 billion fund to support black industrialists in the sector. Agriculture and agro-processing provide enormous opportunities for growth. We are now the world’s second largest citrus exporter and beef exports are rising. Within the next 50 days, we will convene agro value-chains with Minister Didiza, to
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UNREVISED HANSARD JOINT SITTING TUESDAY, 25 JUNE 2019 Page: 398 identify impediments to greater output and to enable black farmers and small-scale farming to expand. We are engaging the sugar industry to address its challenges, and we will encourage the trade authorities to finalise their investigation into unfair poultry trade practices within the next 60 days. We will defend our poultry industry, which is a significant job creator. The digital economy is vital to a rejuvenated economy. To ensure that data prices fall, working with the Minister of Communications, we will consider and implement the recommendations by the Competition Market Inquiry into data services. We anticipate that there will be negotiation with the large cellphone companies in the next five months, to bring data prices down.
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  • Fall '08
  • Finklerberg

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