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Major Boost for SA Economy
Source: BuaNews
Source Date: Thursday, February 03, 2011
Focus: ICT for MDGs
Country: South Africa
Created: Feb 03, 2011

R244 million is being invested into the construction of a 16 000 square metre factory which will create 70 permanent jobs and at least 100 indirect ones in the construction phase. R155 million will be invested into the construction of another factory in Babelegi, Pretoria, which will create 160 permanent jobs and at least 200 indirect jobs in its construction phase.

 

The acquisition and upgrade of the Potchefstroom company will absorb 120 employees.

 

"Local business will also benefit from this, as most raw materials required for the manufacturing of our products will be sourced locally, thus creating a market for local business and emerging farmers," said O'Carroll.

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