Announcement on review of APDP could be made this year
Government will make an announcement on the outcome of the review of the Automotive Production and Development Programme (APDP) later this year or early in 2015.
Speaking at the launch of the Hyundai South Africa Truck Assembly Plant in Benoni yesterday, Deputy Director General: Industrial Development Policy in the Department of Trade and Industry (DTI) Garth Strachan said the department was “a long way down the road in a thorough root and branch” review of the APDP.
The review, he spelled out, was aimed at “streamlining and dovetailing the various instruments of this programme,” adding that the review had been con-ducted in close collaboration with all role players.
He said all views and proposals put for-ward by the various role players had been “on the table and will be taken into consideration,” and Trade and Industry Minister Rob Davies would be reviewing the “synthesised proposals” shortly ahead of an announcement by government.
Strachan stated that the overall aim of policy for the automotive sector remained to create the right environment for the “steady migration” of the industry mainly from an assembly base that was characterised by low volume production, and geared mainly towards the domestic market, to a globally competitive one.
The medium-term focus of a revised APDP would be on “significantly increasing the volume of local vehicle production by 2020”.
More importantly, Strachan said, was “securing much greater localisation of component manufacture higher up the value chain”.- metrominutes
IMAGE sourced from manufacturingglobal.com
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