The KwaZulu-Natal province plans to secure R95 billion in new investment pledges in the automotive and investment sectors.
This emerged at the first day of the South African Auto Week (SAAW) held at the Inkosi Albert Luthuli International Convention Centre (ICC).
About 5,000 delegates, from government, global automotive manufacturers, and international trade partners are expected to attend.
The Auto Week is hosted by the KwaZulu-Natal Provincial Government and eThekwini Municipality, in partnership with naamsa, until Friday, this week.
The first day’s programme included plenary sessions led by the Department of Trade, Industry and Competition and NAAMSA (National Association of Automobile Manufacturers of South Africa).
Picture from left: Parks Tau, Minister of Trade, Industry and Competition and Cyril Xaba, EThekwini Municipality’s Mayor.