The Minister for Trade, Industry and Competition Mr. Parks Tau and MEC for KZN Economic Development, Tourism and Environmental Affairs Rev. Musa Zondi graced the official launch of Ogihara South Africa.
The R1.2-billion automotive components manufacturing facility that was officially launched at Dube TradePort’s (DTP) TradeZone 2 today (August 22) is not only a celebration of substantial foreign direct investment in KwaZulu-Natal but an indication that the province’s automotive sector is shifting up a gear.
Speaking at the launch of the joint venture manufacturing operation between Toyota Tsusho Africa (Pty) Ltd (TTAF) and Ogihara Thailand Corporation Ltd (OTC), MEC for EDTEA, Rev Musa Zondi said that this launch was indicative of continuing momentum in the KwaZulu-Natal economy and that Special Economic Zones (SEZs) such as the DTP would play a strategic role in further development of the vital automotive sector.
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