{"id":246021,"date":"2018-05-21T18:00:02","date_gmt":"2018-05-21T16:00:02","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=246021"},"modified":"2018-05-21T16:41:33","modified_gmt":"2018-05-21T14:41:33","slug":"the-r50-billion-plan-to-turn-tshwane-into-south-africas-car-manufacturing-capital","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/246021\/the-r50-billion-plan-to-turn-tshwane-into-south-africas-car-manufacturing-capital\/","title":{"rendered":"The R50 billion plan to turn Tshwane into South Africa’s car manufacturing capital"},"content":{"rendered":"

The\u00a0Automotive Industry Development Centre (AIDC) has launched the first phase of a R50 billion mega-development which will see Rosslyn, north east of Pretoria, become the new automotive manufacturing capital of South Africa.<\/p>\n

Dubbed the Tshwane Auto City, the AIDC performed a sod turning ceremony at the site of the first multi-billion phase, Rosslyn Hub, which will be a 100 hectare mixed-use project in Rosslyn.<\/p>\n

Over the next 10 years, the AIDC will oversee a further 7,100 hectares of development in the area, with the ultimate goal\u00a0to transform Rosslyn and Klerksoord into a concentrated manufacturing cluster and the City of Tshwane into an automotive investment destination.<\/p>\n

The government aims to increase local vehicle manufacturing to 1.2 million vehicles per annum by 2020.<\/p>\n

Rosslyn is already home to four automotive plants \u2013 for BMW, Nissan, Iveco and Tata – and with the new R3 billion development launching, the area will become a central node for auto manufacturing, and will anchor further development in the area.<\/p>\n

Upon completion, the hub will include approximately 1,200 houses and 250 rental apartments; schools and university; shopping centres; industrial parks; motor retail areas and other amenities like hospitals and clinics.<\/p>\n

The project will be funded by the private sector, with government covering road and bulk infrastructure, and is expected to create over 160,000 over its entire development period.<\/p>\n

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Read:\u00a0<\/strong>A look at the new R700 million luxury apartment block coming to Illovo<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The\u00a0Automotive Industry Development Centre (AIDC) has launched the first phase of a new R50 billion mega-development which will see Tshwane become the new automotive manufacturing capital of South Africa.<\/p>\n","protected":false},"author":10,"featured_media":246053,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26],"class_list":["post-246021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/246021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=246021"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/246021\/revisions"}],"predecessor-version":[{"id":246075,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/246021\/revisions\/246075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/246053"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=246021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=246021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=246021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}