cover image: FOREIGN DIRECT INVESTMENT TRACKER - FIRST QUARTER 2021 - TIPS TRACKERS

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FOREIGN DIRECT INVESTMENT TRACKER - FIRST QUARTER 2021 - TIPS TRACKERS

26 Oct 2021

Utilities is the main contributor to investment, and represents the entirety of the pledged value in the province. [...] The investor for projects is MC Mining and the R433 million investment is for the development of the Makhado hard coking coal project. [...] The biggest drivers of increases in the leading indicator in Q1 2021 were: the number of building plans approved, the number of new passenger vehicles sold, the number of job advertisements, the commodity price index for South Africa’s main export commodities, the average hours worked per factory worker in manufacturing, the real M1 (six-month smoothed growth rate), the volume of orders in manufac. [...] Conditions for participating in the programme include the specifications that stipulate project plans be fully developed, or the company should be able to have the project operation ready within a short time frame and be set to connect to the national grid by the end of 2022, at the latest. [...] Project Description The new facility will span 13 000m2 of which 10 000m2 of the space will be dedicated Ford is modernising the Silverton Assembly Plant and expanding production of the to a warehouse, double the size of existing capacity.

Authors

Kelello;Muhammed

Pages
31
Published in
South Africa