South Africa: China Motor plans US$1bn factory

Taipei, Taiwan-based vehicle manufacturer China Motor Corporation (CMC) plans to set up a vehicle manufacturing plant outside Harrismith, in South Africa's Free State province. The project entails investment of US$1bn. According to a report carried by Business Day, this facility will create around 2,500 jobs. The plant will eventually produce 50,000upa, Subscribe to Automotive World … Continued

• By Webmaster
• June 21, 2011