Multi million rand automotive investment for East London

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 The East London Industrial Development Zone will receive a boost on Thursday with the announcement of another multi-million rand automotive investment.

Details will be released later during SA Automotive Week in Nelson Mandela Bay.

An estimated 100 new jobs will be created in the East London area through the investment by an established German automotive company which will also introduce new technology and new skills for the automotive sector.

ELIDZ CEO, Simphiwe Kondlo, says the announcement of the new investor will coincide with the launch of a new auto sector value offering by the EL IDZ.