FIRST AUTOMOBILE WORKS (FAW) BUILDS NEW CAR PLANT

FIRST AUTOMOBILE WORKS (FAW) BUILDS NEW CAR PLANT

The Chinese vehicle manufacturer, First Automobile Works (FAW) will build a new $100 million state-of-the-art truck and passenger car plant in the Coega industrial development zone in East London.  The plant is expected to produce 5000 trucks annually as well as passenger vehicles. Negotiations are expected to be concluded by February 2012. Vehicle manufacturers in the Eastern Cape include Mercedez Benz, Volkswagen and General Motors.

Source: www.sagoodnews.co.za

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