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R4.8 billion in investment pledge in local motoring sector

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GUEST – Renai Moothilal – CEO of National Association of Automotive Component & Allied Manufacturers (Naacam)

NAACAM's Renai Moothilal announced that sixteen exhibitors at this year's conference pledged over R4.8 billion in investment. Trade and Industry Minister Ebrahim Patel, who delivered a keynote address at the event in Tshwane today, says investment is the lifeblood of growth ...

Today marked the last day of the two-day NAACAM conference which is part of the biennial NAACAM Show gathering that brings together local and international automotive manufacturing experts, professionals, and enthusiasts to advance knowledge and foster collaboration within the local automotive components sector through insightful discussions and exhibits that showcase the depth of South Africa’s manufacturing capability in the key part of the country’s industrial economy.
31 Aug 2023 4PM English South Africa Business News · Investing

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