FIRST AUTOMOBILE WORKS (FAW) BUILDS NEW CAR PLANT
13.12.2011
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
« back