FAW SA announced on Wednesday that it has rolled out of its Coega manufacturing plant its 7000th assembled unit.
The achievement culminates a significant milestone in the life of the plant located in the Coega Special Economic Zone (SEZ).
Congratulating the achievement, Dr Ayanda Vilakazi CDC unit head marketing & communications said, “nothing gives us greater joy than seeing our investors doing well on the back of a depressed economic environment.
” It is also worth mentioning FAW SA was also named as the Global Distributor of the Year 2017 and South Africa`s second biggest truck exporter.”
The R600 million assembly plant located in zone 2 of the Coega SEZ is now on its 7th year since its official inauguration in July 2014.
“As the CDC, we’re very pleased to be the leading SEZ where the production of the FAW trucks is taking place, and in addition to this, the Coega SEZ automotive cluster is progressively making significant strides towards improving the socio economic conditions of the Eastern Cape region,” adds Dr Vilakazi.
The Coega SEZ, located in Gqeberha (formerly Port Elizabeth), is home to the automotive sector, including other companies such as, BAIC SA, ISUZU Parts Distribution Centre, Faurecia, Rehau, Groupo Antolin, Benteler, Hella and Q-Plas valued at over R12 billion located at the Coega SEZ and the Nelson Mandela Bay Logistics Park opposite Volkswagen (VW) in Uitenhage.