With the Beijing Automotive Industry Cooperation (BAIC) gearing up for the grand launch next year of its new BJ30 SUV in South Africa, company vice-president and chair of BAIC Automotive SA Propriety Limited Wang Jianhui is confident about plans for its Gqeberha plant coming into fruition.
These, said Wang, yesterday would lead to a full capacity vehicle production, serving as a market channel to reach a wider African market - "a good benchmark for China's the Belt and Road initiative and the SA cooperation".
Asked about what led to delays in the plant working optimally, Wang cited the impact of the Covid outbreak, "challenges presented by the global economy and political issues".
"If we can realise the localisation in the South African market, we can promote employment and contribute to the South African fiscus through taxation," said Wang.
Asked whether the African vehicle market had preference design requirements to enhance growth, Wang said: "Guided by the analysis of the African market, we see a potential development in terms of the continent's population of about 1.5 billion people.
Bu hikaye The Citizen dergisinin September 11, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Citizen dergisinin September 11, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Writing on the wall for O'Shea
Approaching the halfway point of the season, UAE champion jockey Tadhg O'Shea is facing a tough battle in his bid for a 13th title.
Early selections for Sha Tin Sunday
Luke Middlebrook's tips and race-by-race preview from Idol Horse for Sha Tin's Sunday racemeeting.
Greaterix to finally have his day
QUALITY: THREE OUTSTANDING FEATURES ADDED TO MAKE A GREAT TURFFONTEIN CARD
Luna Halo to keep bracelet at home
The Lady's Bracelet has always been one of the popular events on the Fairview calendar and has won by some decent runners.
Buyer splashes out R24m for Tokyo new year tuna
The top bidder at a Tokyo fish market said they paid $1.3 million (about R24 million) for a tuna on Sunday, the second highest price ever paid at an annual prestigious new year auction.
Ten Commandments tablet sells for R94m
BIBLICAL: HIGH FIGURE NOTCHED DESPITE DOUBTS OVER AUTHENTICITY
PVA Revved Up and Rearing to Go
Park Village Auctions (PVA) is starting 2025 in full throttle with back-to-back Absa repossessed vehicle auctions next Wednesday and Thursday.
MI GOODNESS
Potgieter shines with the ball and Brevis with the bat in opening match in Gqeberha.
Chiefs have plenty to 'fix'
Nasreddine Nabi (below) has admitted Kaizer Chiefs are not where he wants them to be \"in some areas\" after his first five months in charge at Naturena.
Jose left at a loss for words
Orlando Pirates coach Jose Riveiro (above) battled to explain how his dominant side lost the Betway Premiership match against Cape Town City.