Home > United Nations Online Network in Public Administration and Finance (UNPAN)
1. Global
Global
2. Africa
Africa
3. Arab States
Arab States
4. Asia & Pacific
Asia & Pacific
5. Europe
Europe
6. Latin America & Caribbean
Latin America & Caribbean
7. North America
North America
UNPAN Africa
Public Administration News  
Share
South Africa: Government Welcomes Whirlpool Investment
Source: www.sanews.gov.za
Source Date: Friday, March 02, 2018
Focus: Citizen Engagement, Institution and HR Management
Country: South Africa
Created: Mar 02, 2018

“This increased and expanded investment reaffirms Whirlpool’s commitment to the country and the region, as it retains 1 000 jobs and brings about 100 new jobs. Industrialisation is a key pillar coupled with localisation. I cannot overemphasise the importance of the white goods sector and its contribution to the South African economy in terms of growth, job creation, localisation and exports.
“All these elements are critically important to the Industrial Policy Action Plan which underpins economic growth,” said Minister Davies on Friday.
The R100 million investment in the company’s plant, which is located in the Isithebe Industrial Park near Mandeni, includes large scale production equipment imported from Europe and India.
High level skills development will be at the forefront of the company’s skills development programme.
The Managing Director of Whirlpool South Africa, Michele Caputo, said that as the company expands its presence in Southern Africa, KIC and Whirlpool remain committed to providing solutions that will enable growth and sustain economic development.
“Whirlpool is keen to support the South African government’s localisation programme by partnering with local manufacturers to consolidate an integrated domestic supply chain,” said Caputo.
In October 2016, the dti launched the first phase of the revitalisation of the Isithebe Industrial Park. This formed part of the department’s national programme to revitalise the country’s industrial parks with the aim of boosting manufacturing and industrialisation by creating world class infrastructure for investors. 

News Home

 Tag This
 Tell A Friend
del.icio.us digg this Slashdot
Rate:
0 ratings
Views: 134

Comments: 0 Bookmarked: 0 Tagged: 0



0 Comments | Login to add comment

Site map | FAQs | Terms and Privacy | Contact Us
Copyright 2019 by UNPAN - United Nations Public Administration Network