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Toyota boosts SA investment

Johannesburg - Toyota South Africa on Monday announced a R363m investment in a new parts distribution warehouse in Ekurhuleni, east of Johannesburg.

The new warehouse, which will employ 800 workers, will house more than 110 000 different parts and components. It will serve Toyota SA's 223 local and 70 export delivery points.

Johan van Zyl, president and CEO of Toyota SA and managing officer of Toyota Motor Corporation, said the new warehouse was the largest single investment by Toyota SA in Gauteng and followed a five-year R8bn investment programme in Prospecton, Durban.

When completed the new facility will cover 80 000m² and will be the largest of its kind in Africa.

Van Zyl said the government's automotive production and development programme (APDP) had created a "stable and predictable environment" for investment.

"The development of a distribution warehouse of this size and scale is one of the clearest signs that we are committed to South Africa and intent on remaining South Africa's most popular vehicle manufacturer," Van Zyl said.

The warehouse is being developed in two phases. The first will open in May 2012 with the first round of daily deliveries to the more than 220 Toyota, Lexus and Hino dealerships in Southern Africa.

This phase will feature 39 000m² of warehouse space and 3 000m² of office space.

The second phase will include a further 38 000m2 of warehouse space and is scheduled for completion by or before 2015.
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