SA Coat of Arms 4.jpg The Presidency, Pretoria, Media Statement, 23 May 2016 President Zuma to Launch the New Generation Toyota Hilux and Fortuner Models in Durban President Jacob Zuma will on Tuesday, 24 May 2016, officially launch the New Generation Toyota Hilux and Fortuner in Prospecton, Durban. The new Toyota Hilux and Fortuner models are part of Toyota's injection of R6.1 billion investment into South Africa's manufacturing industry and the country's local vehicle production. During the State of the Nation Address in February this year, President Zuma announced that the support provided by Government through the Department of Trade and Industry had attracted investments of over R25 billion in the automotive industry in the past five years and that the investment was beginning to bear fruits. The investment by the Japanese manufacturer Toyota is a demonstration of the continued confidence that global automotive producers have in South Africa as an investment destination and the supportive policy environment that the country offers. President Zuma will launch the new models as part of the implementation of the Nine-Point Plan that he announced last year to grow the economy and create jobs. One of the pillars of this plan is a higher-impact Industrial Policy Action Plan (IPAP) that focuses on increasing manufacturing-based value addition, employment creation and export-intensity. The investment in the production of the new Hilux and Fortuner vehicle models will support more than 4 000 jobs whilst total employment in the plant already exceeds 8 000 jobs. Members of the media are invited to the launch as follows: . Date: 24 May 2016 (Tuesday) . Time: 10h00 . Venue: Toyota Prospecton, Isipingo, Durban Media covering the launch are requested to please send their details to Hlomani Baloyi on 083 276 1295 or [email protected] or Clynton Yon on 082 659 0830 Issued by: The Presidency, Pretoria Enquiries: Dr Bongani Ngqulunga on 082 308 9373 or [email protected] <http://www.thepresidency.gov.za> www.thepresidency.gov.za -- -- You are subscribed. This footer can help you. Please POST your comments to [email protected] or reply to this message. You can visit the group WEB SITE at http://groups.google.com/group/yclsa-eom-forum for different delivery options, pages, files and membership. To UNSUBSCRIBE, please email [email protected] . You don't have to put anything in the "Subject:" field. You don't have to put anything in the message part. All you have to do is to send an e-mail to this address (repeat): [email protected] . --- You received this message because you are subscribed to the Google Groups "YCLSA Discussion Forum" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
