FDI Tracker - Q3 2019

Monitoring for Quarter 3 of 2019 identified 16 new investment projects. Investment values were reported for 11 of these projects with a total of R10.2 billion for the quarter. Employment data was available for five projects with 2 096 permanent jobs recorded. Two projects were updated: Ford Motor Company Southern Africa will be adding a third shift to the company’s plant in Silverton and increasing the number of employees at the plant; and MSC Cruises South Africa will be starting construction of the Durban Cruise Terminal.