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10th August 2018 Chinese vehicle manufacturer the Beijing Automotive Group (BAIC) officially opened its 88 969 m2 semi-knocked-down vehicle assembly plant in the Coega Industrial Development Zone, near Port Elizabeth, late last month. Presidents Cyril Ramaphosa and Xi Jinping presided over the launch via a live... 

BAIC SA opens vehicle assembly plant at Coega IDZ

By: Marleny Arnoldi     24th July 2018 Chinese vehicle manufacturer Beijing Automotive Group’s South African subsidiary, BAIC SA, on Tuesday opened its 88 969 m2 vehicle assembly plant, in the Coega Industrial Development Zone, near Port Elizabeth.   The company has completed the critical construction and equipment installation... 

R3.5bn empowerment venture fund to be launched in auto sector this year

By: Irma Venter     2nd February 2018 South Africa’s seven light vehicle manufacturers plan to launch a R3.5-billion venture fund this year, aimed at boosting black economic empowerment in the domestic automotive manufacturing industry. The seven manufacturers are BMW, Ford, Toyota, Mercedes-Benz, Isuzu, Nissan and Volkswagen. They... 

BAIC’s investment into South African vehicle assembly project bolstering bilateral investment

By: Anine Kilian     28th November 2017 Chinese vehicle manufacturer Beijing Automotive Group’s (BAIC’s) decision to invest in a vehicle assembly plant, in the Coega Industrial Development Zone (IDZ), near Port Elizabeth, could help drive further investment by Chinese firms in South Africa. This is according to South African Embassy in... 

BAIC implementing catch-up strategy to meet 2018 Coega deadline

By: Dylan Slater     20th October 2017 China-based vehicle manufacturer Beijing Automotive Group (BAIC), is accelerating some of its construction plans for its vehicle manufacturing plant, currently under construction at the Port Elizabeth-based Coega Industrial Development Zone, to catch up on delays incurred owing to primarily... 

SEZ receives recognition, contributes to SMME participation

By: Marleny Arnoldi     29th September 2017 Special economic zone (SEZ) developer and operator Coega Development Corporation (CDC) has been recognised by export assistance company Exporters Club for its dedication to job creation initiatives and excellent services to export orientated investors.  

IDC confident BAIC’s Coega plant will begin production in mid-2018

By: Irma Venter     15th September 2017 It has been a year since Chinese vehicle manufacturer Beijing Automotive Group (BAIC) and South Africa’s Industrial Development Corporation (IDC) broke ground on a new vehicle assembly plant in the Coega Industrial Development Zone (IDZ), near Port Elizabeth. BAIC is the major shareholder in the... 

BAIC Eastern Cape plant on track, says IDC

By: Irma Venter     4th September 2017 It has been a year since Chinese vehicle manufacturer Beijing Automotive Group (BAIC) and South Africa’s Industrial Development Corporation (IDC) broke ground on a new vehicle assembly plant in the Coega Industrial Development Zone (IDZ), near Port Elizabeth. BAIC is the major shareholder in the... 

CDC bullish for the year ahead

By: Anine Kilian     9th January 2017 The Coega Development Corporation (CDC) is optimistic that this year will highlight the Coega Industrial Development Zone (IDZ) as a prime investment destination. CDC marketing and communications head Dr Ayanda Vilakazi says there are currently six projects under construction within the IDZ and... 

Coega site ready for BAIC’s R11bn car plant

By: Natasha Odendaal     24th October 2016 The site set to house the first new car manufacturing facility in South Africa in 40 years is ready for construction, the Coega Development Corporation (CDC) said on Monday. CDC has cleared some 54 ha of land in Zone 1 of the Coega Industrial Development Zone (IDZ), near Port Elizabeth, for... 

Beijing Automotive Group and Industrial Development Corporation to build new vehicle plant 

15th September 2016 Chinese vehicle manufacturer Beijing Automotive Group and South Africa’s Industrial Development Corporation has announced the establishment of a new vehicle plant, to be located in the Coega Industrial Development Zone, near Port Elizabeth. 

Construction of BAIC, IDC Coega auto plant to be completed in Q1 2018

By: Irma Venter     30th August 2016 Chinese vehicle manufacturer Beijing Automotive Group (BAIC) and South Africa’s Industrial Development Corporation (IDC) on Tuesday announced the establishment of a new vehicle plant, to be located in the Coega Industrial Development Zone (IDZ), near Port Elizabeth. It will be the first new car... 

LOOKING EAST

6th December 2013 Daimler CEO Dieter Zetsche addressing members of the media in Seoul, South Korea last week. The German vehicle manufacturer plans to double sales in South Korea by 2020, and build a new research and development centre in the Asian country. Daimler recently moved to acquire a stake in Beijing... 

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