Rob Davies
South Africa has become an investment destination of choice to the world’s biggest companies not by mere chance. We have consistently remained on the radar of international big business due to deliberate action on the part of government that can be traced to interventions such as the New Growth Path and the Industrial Policy Action Plan.
Recently, the single biggest investment in the local automotive sector was made by German car maker BMW to produce the new generation BMW X3. The company will invest R6 billion in its Rosslyn plant in the north of Pretoria to manufacture the vehicles for the South African and export market.