The City of Tshwane is purchasing land parcels to the value of R188 million to ensure the Tshwane Automotive City in Rosslyn becomes the second biggest industrial space of this nature in Africa.
So said Tshwane mayor, Kgosientso Ramokgopa, during his state of the city address in Freedom Park late last week. In his view, the role of the automotive industry in Tshwane is “significant” and plans are under way to establish the automotive city.
He said the automotive industry accounted for 12% of Tshwane’s economy. "The role of the automotive industry is notable as the transport industry in Tshwane has grown from R23.9 billion in 2010 to R28.9 billion in 2015, thereby accounting for approximately 12% of Tshwane’s economy and growing at an average of 3.9% per annum," he said.
"The transport sector also accounts for 6% of total Tshwane employment and 9% of national transport employment. Further highlighting the importance of the sector is the fact that Tshwane accounted for approximately 41% of the automotive industry’s exports in 2010 and this has increased to 50% in 2014.”
