Premier Makhura on what the Tshwane Automotive SEZ means to Gauteng’s recovery

In a pivotal move to uplift the economy of South Africa amidst the challenges brought on by the coronavirus pandemic, Ford made an unprecedented investment of a billion dollars in the Tshwane Automotive Special Economic Zone (SEZ). The Premier of Gauteng, David Makhura, during a recent site visit, emphasized the critical role this investment plays in reviving the country's economy and boosting local businesses in the capital city. The visit showcased the remarkable progress of the construction in the SEZ, unveiling a burgeoning hub for manufacturing and job creation. The Premier noted the seamless integration of construction and manufacturing in the zone, underscoring the positive impact on the economy and employment rates. The Ford investment has not only injected capital into the region but has also catalyzed job creation, with 500 new positions added and operations running across three shifts. The state-of-the-art facility, set to produce 200,000 units of the new Ford Ranger annually, symbolizes a significant leap forward in automotive manufacturing in South Africa. Moreover, the localization efforts within the SEZ have fueled the growth of small businesses, propelling them into the realm of medium-sized enterprises. These budding enterprises, now integral parts of the value chain, have created a ripple effect of employment opportunities and skill development within the community. The Premier's visit highlighted the tangible impact of the investment, showcasing a success story of resilience and recovery in the midst of a challenging economic landscape. The Premier acknowledged the difficulties of attracting investors during the pandemic, citing job losses and business closures, but remained optimistic about the country's ability to rebound and build back better. Recognizing the innate resilience of South African businesses, he emphasized the collaborative efforts between the public and private sectors to drive economic revitalization and ensure inclusive growth. The strategic partnership between government and stakeholders aims to implement and enhance the economic recovery and reconstruction plan proposed by President Ramaphosa, fostering a new era of sustainable and inclusive growth that leaves no one behind.